| deckerjt |
|
Gold User, Member, Platinum User, TeleChart
|
| Registered User |
|
|
|
|
| Unsure |
|
| Saturday, January 15, 2005 |
| Monday, September 18, 2006 7:29:15 AM |
6
[0.00% of all post / 0.00 posts per day] |
|
Actually, I think we will see a rally going into the elections. I believe this because I think that there is manipulation of the markets in place. A case in point was when consumer sentiment came out a couple of weeks ago. Markets began to tank ... and then ... out of nowhere came a rally.
Comments?
Jim
|
|
Wondering if it will touch 36.49 ... and if it does how much of a bounce we will see before it comes back to that point again. There seems to be a lot of unwarranted optimism for the markets considering where the dollar is going and that interest rates will rise for the rest of the year.
|
|
Well, I just looked at the Trend Quality indicators and it appears that we are preparing for a rally. Will be interesting to see how this pans out.
|
MS and TSV are both above their moving averages and it appears that we are getting ready to try to push through resistance.
Will be interesting to see what effect that Greenspan and Oil inventories have on this in the next few days.
Jim
|
On a side issue. I used to trade with Scott Trade and noticed that when I placed limit orders that they would only fill when the ask dropped to my bid price and that my order would never show on the Level II.
Since then I have moved to Ameritrade and notice that all of my orders appear on Level II within seconds of my placing the order.
This may not seem like much ... but I missed several trades using Scott Trade ... and paid more in commissions because I was not placing a market order.
Jim
|
A nice bounce off the bottom today. Will they rally and close above 38.00 on Monday (Feb 14, 2005)?
If they do it would seem that they are starting a new leg up to test the December highs.
JD
|
|