Looks like a market break out brewing

[frank grimes]

Quote from stock_trad3r:

I know a lot though.


I suspect we'll open 70-100 points higher on the dow. If the market is expected to rally on bad jobs news (as it has done in the past) then some funds may want to get in now in anticiapation of a rally.

The euro is also oversold and should be at 1.39 soon.

The hourly earnings number will also be better than expected.

 

[makloda]

Quote from stock_trad3r:They can't all be winners. I plan to hold though.

Lovely how history repeats:

 

[frank grimes]

Stock nails another of his "predictions" yep this putz has a firm grasp on anything financial!

 

[Aaron Copland]

Quote from Aaron Copland:

I just can't find that breakout. What I can find is a defined trading range for the entire month of December.

I never found that breakout.

 

[Aaron Copland]

But here we are back near support, yawnnnnnnnn.

 

[stock_trad3r]

Stocks are selling off but the selling is light and orderly. No need to panic.

 

[S2007S]

Think the market gets a minor bounce however everyone should get ready for new lows on the DOW in the 1st half of 2009.

 

[stock_trad3r]

Quote from S2007S:

get ready for new lows on the DOW in the 1st half of 2009.

u r wrong

 

[GTS]

Quote from stock_trad3r:
Stocks are selling off but the selling is light and orderly. No need to panic.

World according to stock_trad3r

1% up day = huge market rally
2% down day = light and orderly sell off

What a clown

 

[mister_doodi]

Quote from stock_trad3r:

Stocks are selling off but the selling is light and orderly. No need to panic.

Fail