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I found out that it is easier to make money in the first hour of trading and very difficult to make money after that until the last hour of trading, which in the dow tends to spike up.

I just wish it was me :(

Yes

The market has shown a strong resistance at the 8000 level. We will finish the day at around 8000 or above

I tend to agree with your view

No Talknet. You are an idiot!

I would easily accept Friday's market slump if it wasn't for the low volumes registered up to now

That is a good point, no one knows the true rate of unemployment. In your opinion at what level the "really ugly unemployment figures" are already priced in the market and Friday could actually be after an initial drop become the start of the big rally that every analyst keeps expecting...

So, if I understood well your posting, your expectation would be that Obama's speech will not bring anything positive but will take the current opportunity to bring out all negative news that we are not yet aware? Which means the reaction of the market would be to the downside starting on...

your opinions on tommorrow's Obama speech against the negative employment news on Friday? Remember the speech was meant to be given on the 20th and it has been brought forwards just before Friday's news. Will the dow drop or will the Obama effect change the expected direction of the market?

-------------------------------------------------- Due to technical problems with our chinese manufacturer, a senior engineer recently had to spent two weeks in China. When we asked him what was the most vivid memory from his first visit, he replied that what stroke him the most was the...