If DJIA Fails to Stay Above 14K by the Clsoe Today
Started by
redfoliage2
, Jul 17 2007 01:28 PM
17 replies to this topic
#1
redfoliage2
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Posted 17 July 2007 - 01:28 PM
I bet a gap down tomorrow morning.
#2
eminimee
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I don't care who's fur is flying...
Posted 17 July 2007 - 01:39 PM
14000 means dick.
#3
redfoliage2
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Posted 17 July 2007 - 01:45 PM
Maybe Market is betting tomorrow's CPI numbers are good or this is just to setup for a gap down.14000 means dick.
#4
relax
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Posted 17 July 2007 - 01:49 PM
if it doesn't do it today it could do it tomorrow
no argument there ;-)
#6
esther231
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Posted 17 July 2007 - 01:59 PM
I suspect Roger will mention this too - since his post last year was when I heard of this - tomorrow is second best day of the year to be long. In terms of a green close - no promise on how green it will be - according to the old VTO report.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells
#7
fib_1618
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Posted 17 July 2007 - 02:43 PM
It would probably be more appropriate to reference the SPX 1554 level as the resistance you're referring to as opposed to 14,000 Dow which is, like 13,000, a psychological number, and having little to do with the actual technicals of the current price pattern.
Fib
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#8
ogm
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Posted 17 July 2007 - 02:46 PM
It would probably be more appropriate to reference the SPX 1554 level as the resistance you're referring to as opposed to 14,000 Dow which is, like 13,000, a psychological number, and having little to do with the actual technicals of the current price pattern.
Fib
Fib,
What do you think of NYMO and summations at this point. They aren't exactly in a rally mode. Looks more like money is flowing out of the market rather then flowing in.
Edited by ogm, 17 July 2007 - 02:47 PM.
#9
rkd80
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Posted 17 July 2007 - 03:07 PM
I suspect Roger will mention this too - since his post last year was when I heard of this - tomorrow is second best day of the year to be long. In terms of a green close - no promise on how green it will be - according to the old VTO report.
according to the almanac and the july historical data over 50 years, tomorrow is a nothing day.
“be right and sit tight”
#10
esther231
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Posted 17 July 2007 - 03:17 PM
It's not the date. It's Wednesday of July options.
Not a clue if it works this time.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells
