Summary of thread so far ....
09:28 not sure if the market will dethend or athend today
09:45 long white with doji in downtrend on dow is short that doji
09:48 at least the DOW is going sideways at the moment
09:52 surely we will be well up today?!
09:58 Big rally on the cards today
10:04 Tame open
10:08 Looking very similar to yesterday
10:09 Financials are a DRAG
10:09 volume stinks
10:14 many investors are spooked by the likelyhood of the big banks cutting dividends
10:18 WBC just increased theirs
10:18 Failure again today may see new lows coming soon.
10:19 think tommozza might see new xjo lows!?
10:19 Heavy selling into WBC for now...
10:20 Been trading so hard and I'm almost broke...
10:30 we're heading for 3450 as the probable low
10:35 bear or new bull market...?...i cant remember which
10:39 Is the recession over?
10:43 now you think we should all be long?
10:47 dang.. got stopped out going long... now switching to short
10:49 Got stopped out of that short trade twice this morn
10:52 bouncing around the 3900 mark... waiting for it to break down
10:53 cant see europe been in green tonight
10:59 some very worrying signs for the aussie markets over the last two days
11:04 Why mock people for changing their position
11:06 Last 2 days have been poor
11:11 there is nothing wrong with altering your position
11:14 Relief rally do happen
11:23 we have broken DOWN
11:24 everyone's entitled to have a few doubts and position changes
11:52 XJO past 3950! WIll it hold?
11:58 NL, you will have a sell off
12:06 Markets could easily rally another 10% from here
12:11 got a little double header happening now
12:26 So you recon we have hit the bottom
12:33 This is very bearish imo
12:33 All markets are exploding except for us. We suck
12:34 We are doing OK
12:37 I don't have a parabola tool in my charting package
12:37 Im very bearish.
12:40 SPI SOMEBODY is trying very hard to keep a cap on it
12:41 We need another big capitulation night from the dow
12:42 there are alot of games being played
12:43 I think we are struggling
12:44 the market will deliver a repeat of 1929
12:45 Murphy says if you go in hard the market will drop 1000 points
12:49 Closed some longs then at 3970
12:56 It would suggest that Australia is due for rally
13:02 They will sell off in fear
13:03 will it hold, I don't know
13:05 don't like the daily set-up on the DOW
13:06 I guess there could be a problem.
13:07 Mkt is strange
13:16 Did anyone forget the rally
13:16 i also believe in a serious low
13:27 HK up 20% in 2 days
13:38 the US should go under their 2003 lows next year
13:40 see what today will bring!??
13:41 Our market is as weak as P155
13:43 2002 lows of mid 7k
13:46 if everyone expects a rally in 3 days then why sell down now...
13:48 intraday chart now a rising wedge
14:14 afternoon sell-off?
14:16 maybe our market isn't weak
14:42 would be great if it could close above 4000
14:50 I reckon we will need a miracle to jump over the 4000 mark today
15:13 we hit 4000!!
15:15 Someone was asking about 40 year cycles
.
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