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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: edboyl who wrote (5417)1/9/2003 3:32:08 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19256
 
Should close near 35
35.87 bid now
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What's more amazing is to watch any buyers enter the market this late in day. The best we can do is hit 8800 again, even without war. If threat removed, kneejerk reaction temporarily lifts us over 9k, but too much needed with respect to fixing economy .
edit
Deja vu coming into play on today's DOW
8784 and frenzy kicking in
Shorts be patient



To: edboyl who wrote (5417)1/9/2003 4:13:06 PM
From: Smiling Bob  Respond to of 19256
 
A more conscientious trader would probably have waited for what appears to be a perfect short on COF
Testing my limited scope of TA. Intraday looks to show an "ascending triangle"- how's that???- which will likely/has failed to break over new high
Combined with recent trading history, it looks good