INDU makes new swing low monday, only 3 of 27 components do the same, WMT, HD, MCD. subprime fears keep shoppers away from stores, doing home improvements, and even the $1 double cheesburger becomes an unaffordable item. it is the end of the world.
INDU
Started by
airedale88
, Aug 15 2007 05:59 AM
3 replies to this topic
#1
airedale88
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Posted 15 August 2007 - 05:59 AM
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
...
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Posted 15 August 2007 - 07:16 AM
end of the world
I noticed the same thing, very few issues making swing lows, usually on lower volume, most looking like they're setting up for a rally.
What do you make of the Dec ES breaking below the low as you mentioned a financial stop around 1430?
#3
airedale88
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Posted 15 August 2007 - 10:27 AM
dec es? after my last buy of sept es's i posted a stop of 1408.
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
#4
swingtrader
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- Traders-Talk User
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Posted 15 August 2007 - 11:27 AM
I don't believe it is "the end of the world" by reading this board. The majority of the posts yesterday were bottom picking. There is not too much difference today. Let's say 50-50
