XJO 0.50% 8,118.8 s&p/asx 200

jgunter's - going out on a limb - wednesday, page-5

  1. 1,996 Posts.
    It will be interesting to see how our market responds to that nasty upthrust on the DJIA - trying to rise through the body of Fridays high SUPPLY bar on a bit of no demand before being rejected.
    We've already preempted a 2 day fall on the DOW and we've only got one - but we expect another one tomorrow - what to do today if we are a bit ahead of ourselves?
    Perhaps follow suit and upthrust as well? (that would be nice trading - if you know how to S_ __ _ T on the market - sorry for the S word) Or maybe not do much at all and twiddle our thumbs till tonight (up on no demand).
    Or will we just say "stuff it" and drop the hammer early?
    Option 1 sounds good to me - but when did the market ever care what I want.
 
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