January 2nd, Market Up or Down?

Up or Down?

  • Up

    Votes: 16 45.7%
  • Down

    Votes: 19 54.3%

  • Total voters
    35
great strategy for daytrading. getting back to question, up or down? if ur period is longer than a few minutes or hour, then you should care. not everyone works at hold brothers.

Quote from ProfitTakgFool:

Who cares, trade what happens.
 
I think markets are at a pivotal point at the moment and therefore it wouldn't be easy making any sort of bankable analyses, basically what that means is that I haven't got a clue looking at charts where we are going to head, but than again I am out of trades at EOD, so whatever happens so be it, hopefully I'll see a move in the making and get to participate :)
 
Quote from ProfitTakgFool:

Who cares, trade what happens.

Me. I have one list of stock for up days, second for down days, third one for sideways days. It works perfectly - if I guess correctly the character of the day before 9.40.
 
Quote from TradEStar:

1385 run in the first qtr of 2008..not sure if it will start on the 2nd or not. :D Market will try and force the Fed to cut .50 right away this year imo..will see.
Come on 1385.00 ..only real support level below where we are trading today.. :D

I will start taking profits in my Rydex SP500 200% Inverse Funds at the 1410.00 level on down..I will keep adding back to the SP500 200% Inverse fund with any trading above 1475.00 .. IMO the over 4 year run for the market is over and I am playing the short side heavy.
 
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