XJO 0.73% 8,057.9 s&p/asx 200

friday - 8.10.10, page-12

  1. 487 Posts.
    For the last few days, I find that if futures shoot up or down 1 hour before open, then it's a good indication of the reverse of actual direction for the dow.

    I remember on wednesday, futures retreated to 10909 then dow finished up 10967. Same thing happened on tuesday. Last night, futures rose up to 11027 up over 50 points, then the actual number hardly got above 10967.

    Maybe the big players want to create some confusion. Perhaps it's best to wait for the open then pick direction.

    No pomo until tuesday at least, short term retreat possible.
 
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