Seems like there might be good support at Dow 11500 (50 dma 11541)This was the top resistance in the august september period. Does it now form a new support or does it break down below and become resistance again? If the latter is the case then dj can go back down to 10750. I can see more of a...
Let's start taking calls on what time today's market propping rumor will be
Ill go ahead and say by 1:30 someone from euroland will make a hollow statement filled with hopium that will allow the market to rally.
I would prefer the ex community organizer since at least you know where his interests lie. I am always amazed how daft and naive people can be. You think this guy is some saint who is doing a community service for the EU populace? His country isn't even part of the EU. But we all know that the...
Everything has a purpose in TA including ew theory. So Dow is now below its 200 dma (11977). My short term MACD has already showed a cross since 5 days now. The bulls are trying to hold up the price above the bollanger band average. Wouldnt be surprised is they get it back to par by end of day...
Why FAS is up 400% today?
http://ca.finance.yahoo.com/q?s=FAS
I thought it was an error on my software but according to yahoo finance this is actually up from a close of 12 yesterday to the 60's today. :confused:
They are the third largest economy in Europe so no the market isn't overreacting. Not when all your numbers are moving in the wrong direction and growth is slowing which will only make them worst. There are a whole host of issues that are causing internal problems with italy and they have been...
I have been slowly building a S&P short over the duration of this rally. At some point something has to break because the systemic problems are just too great to ignore for any extended period of time. Can't wait for today's 2pm rumor du jour that will propel the markets back up to par. Will it...