first day off the minor 6/7 day cycle bottom and NYSE COMP makes a new all time closing price high. sweet.
cycles
Started by
airedale88
, Oct 31 2007 03:19 PM
6 replies to this topic
#1
Posted 31 October 2007 - 03:19 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
Posted 31 October 2007 - 03:26 PM
Been focussed on SPX and NDX so much today, i never paid attention to what NYSE was doing. The leader is leading, which is good. BTW, the NYSE breadth was good too, which the bears were complaining yesterday. NYSE adv 72 vs decl 27.
Edited by NAV, 31 October 2007 - 03:33 PM.
#3
Posted 31 October 2007 - 03:33 PM
yeah, nav, back in the day i used to trade the NYSE Comp NYFE contract when it had a liquid market, preferred it to the big SP contract.
always good to watch the broad market.
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
Posted 31 October 2007 - 04:25 PM
I hope the resolution day of this range is tomorrow.
#5
Posted 31 October 2007 - 05:04 PM
#6
Posted 31 October 2007 - 07:42 PM
i used to trade the NYSE Comp NYFE contract when it had a liquid market
Wow. Someone else actually remembers the good old days when 50K S&P volume was a big day. Not to mention the fact that the NYFE contract even existed.
I remember the first day of S&P500 trading. We've come a long way from the S&P at ~100.
Hats off to you, Aire, I appreciate your comments.
#7
Posted 31 October 2007 - 07:57 PM
Yes, the breadth turned back up.