Gosh HighLandLad, don't you ever sleep?Must say today's DOW...

  1. 4,960 Posts.
    Gosh HighLandLad, don't you ever sleep?

    Must say today's DOW action surprised me after the huge open...

    My sentiment is still bullish... that is, I can sense a rally coming, be it a bear market rally or not, index wise... but blowed if I know when it is going to kick off.

    European index status does suggest to me that we have another lot of downside to go, and Gold, although weakly rising over the last three Plus hours is suggesting it may still have a few legs to the upside, which would suggest that could mean index weakness... Gold and the indices have been moving predominantly in opposit directions for the last few weeks.

    So, all in all I find it pretty hard to get a handle on the action at the moment... as stated above, I am "expecting" a strong rally soon.

    Of course I am talking overall index movement here and obviously certain stocks and sectors will be up while others are down.

    I understand that we have a couple of business confidence reports out today, and a report on job advertising numbers... will be interesting to see how our market reacts.

    Cheers and respect to the thread and its dwellers.

    ;)
 
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