daytrade diaries... thursday, page-6

I think our stocks will start at or near their tops then ease down, a very common theme for the All Ords in my view in the recent past. The Dow futures are currently -6 and could slide further compelling some to take profits.

If you look at the All Ords for the past five days, you can clearly see that pattern for three days.



http://finance.yahoo.com/q/bc?s=^AORD&t=5d&l=on&z=m&q=l&c=

The one notable exception was 23/04/2009 when the All Ords powered on in spite of the Dow.