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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (8078)10/17/2005 10:10:56 PM
From: joysjoys  Read Replies (1) | Respond to of 12411
 
Thanks for your kind remind. This is a good way to trade index. Good trade or not, depends on how well we use it. The more we back test it, the more we know how to put it.

Still, even the same chart, ppl could have different view --NYTT & CHL. That is interesting & should be the chance we improve ourselves.



To: GROUND ZERO™ who wrote (8078)10/17/2005 10:13:29 PM
From: joysjoys  Respond to of 12411
 
2005/10/17 from Experienced Traders:
a: With almost everybody watching from sideline, the market returns to weakness at open and mid-day but strong finish pattern, very bullish, even with light volume. But I have been having hard time with trading this market since long time ago because of light volume.

b: shorts usually have a hard time understand current intra-day dips are actually bullish...this should go on to this Thursday...

c: The indices closed at last week's breakdown levels, so this is a good place to start a pullback. That decline should tell us if the bulls have enough buying power left to lift the market after all the technical damage.