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I think we'll have a moderate sized, low volume up day

to be fair, I don't think everybudy is afraid to be long. Most of the fundamental guys are still very bullish funny fundamental note: Yesterday some analyst lowered their price target on appl from 90 something to 77 :D :D 77? cmon, its at 52 - damn fundys

haha good point

I wouldn't touch a semiconductor at this point

I could agree with that :cool: EDIT: Haha, thanks Hezbalah for ruining the call...

I understand, but there has not been a new 'valley' yet. therefore you cannot draw that bottom blue line until it is determined a that a low or valley is in place. Does that make sense?

I think that the market is begining to unwind its short term oversold condition. I think it will rally to the close - then maybe a few more days until it resumes its downtrend

the bottom trend line in your blue channel is not valid, you cannot just draw arbitrary lines from one low to the last bar - its not even a low yet

not much of a move for that shs to reverse - I wouldn't expect much out of it

I know I was just trying to point out that nothing is a sure thing :p

We are one eventless summer away from 50 buck oil...

good point thanks

thanks for the tip would i able to trade on the sgx using usd?

yahoo finance

would anyone mind listing a few contracts/ or other markets that have good liquidity and market action during the evening? Your help is greatly appreciated

I have an IB account already so that shouldn't be a problem. I am going to be 18 in August

Next week I start my summer work. Recently I have been trading the YM and ES during the day, but because of work I wont have that opportunity anymore. I believe I should be getting home between 5 and 6, so I was wondering if anyone knew of any futures have normal trading hours that begin...

closing near the low today in all likelyhood will tonight be a good candidate for the midnight rally?

great post thanks for your help and support

so cheese, at the risk of being naive, what do you think is the best way to trade the futures?