started scaling in. first buys on sept es at 1464.
would like to see INDU tag that lower band, as other averages have done, or exceeded.
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p48761489903&r=9932.png
cycles
Started by
airedale88
, Jul 31 2007 03:08 PM
4 replies to this topic
#1
airedale88
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Posted 31 July 2007 - 03:08 PM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Cirrus
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Posted 31 July 2007 - 04:00 PM
Bearish engulfing near a low on a few indexes. This is typically ST bullish. Given the NLs on the NYSE I would be shocked if the recent low in the SPX, R2K, etc wasn't tested after a ST to IT advance.
#3
arbman
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Posted 31 July 2007 - 04:59 PM
Good luck Airedale... I am also thinking that it will come back to these lows at some point, but maybe not for the remainder of the week. I was expecting to close high on lame volume, instead it closed on lame volume, this is potentially bullish, the market internals are also getting better...
#4
emdee
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Posted 31 July 2007 - 05:18 PM
Despite the mild carnage, new highs increased and new lows decreased on both the NYSE and Nasdaq.
#5
diltondoiley
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Posted 31 July 2007 - 07:35 PM
[quote name='airedale88' date='Jul 31 2007, 04:08 PM' post='303465']
started scaling in. first buys on sept es at 1464.
would like to see INDU tag that lower band, as other averages have done, or exceeded.
you 'da' man aire.
started scaling in. first buys on sept es at 1464.
would like to see INDU tag that lower band, as other averages have done, or exceeded.
you 'da' man aire.
