What I'm looking at right now is FOMC minutes and then BOE minutes....then I will be able to look at my charts and see what the market is telling me.
These next couple of days should be fun.....
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DislikedDow below last week's low already. -200
a selloff yes sir.
- Citi downgraded
- Paris Hilton video footage released
pointed as the reasons. At least here in the forum...Ignored
DislikedHi PeterM, I am no expert at all on this, but I have noticed the dow move quite a bit on moves that haven't been very big. For instance, when we hiked up to 241, it moved with it and it moved quite a bit to create an all time high. If it moved that much with a move of say 500 pips, wouldn't you think it would move a lot more for a move down of 1500 pips or more?
I would think that we would end up seeing much lower levels than 12K. What are your thoughts on this?Ignored
DislikedIgnored
DislikedDow closed -200, below last week's low...
Looks like halloween is gonna kick in on thanksgivingIgnored