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NEW Posts:
DPW Sinks - Seeks Support!
Author: Tony De Vito (info)
Website: http://www.theoasisclub.net/
Posted: June 29th, 2008 at 3:50 pm EST
DOW Friday close at 11346The Fed left everything unchanged at this month’s FOMC meeting and it is now become evident that there are no short-term solutions available to what is ailing the marketplace. In fact, with the price of oil and commodities going through the roof and no end in sight, inflation is likely to […]
Downside Objectves Reached?
Author: Tony De Vito (info)
Website: http://www.theoasisclub.net/
Posted: June 15th, 2008 at 5:32 pm EST
DOW Friday close at 12307 With this week’s drop to 12077 and strong close on Friday, it can be said that most of the downside objectives have been reached in the DOW and that it is now probable that the index will be trading with an upward bias for the next week or two. Nonetheless, […]
With a Bang, Indexes Confirm Tops are Set!
Author: Tony De Vito (info)
Website: http://www.theoasisclub.net/
Posted: June 8th, 2008 at 9:45 pm EST
DOW Friday close at 12210The final confirmation of a temporary top in the DOW having been found was given this past week when the index failed to follow through on last week’s late rally and then fell 420 points, below last week’s low, and below an important support at 12270. In addition, last week’s rally […]
OIL heading higher to $200 or SPIKED BLOW OUT TOP in place ???
Author: Harry V (info)
Website: http://myoptiontrades.com
Posted: June 8th, 2008 at 12:29 pm EST
Oil spiked up nearly 16 dollars in 2 days and all hell breaks lose in Indicies which head lower big time and all day long FRIDAY.
What now for OIL ?? Is the main market BEAR roaring again, headed lower to last supports or newer lows?? Only time will tell.
However, something very interesting happened FRIDAY in […]
Time To Jump Into Techs?
Author: Moby Waller (info)
Website: http://bigtrends.com
Posted: June 5th, 2008 at 8:03 am EST
Time To Jump Into Techs?
June 4, 2008
We have mentioned several times in recent weeks that the NASDAQ 100 Index (QQQQ) has been outperforming the S&P 500 Index and Dow Jones Industrial Average. The enthusiasm for this move was tempered somewhat though by the top heavy nature of the QQQQ rally, which seemed to primarily driven […]
A New Month Brings Great Expectations
Author: Bob Lang (info)
Website: http://trade-mentor.com
Posted: June 4th, 2008 at 4:34 pm EST
A second straight positive month for the markets, and who would have thought May would be capable of finishing up a winner? Remember the old saying, ’sell in May and go away’. Nonsense in 2008! Clearly such a mindset can be effective if the prior 4-6 months were positive…take profits off the […]
DOW Facing Trend-Change Confirmation Week!
Author: Tony De Vito (info)
Website: http://www.theoasisclub.net/
Posted: June 2nd, 2008 at 7:23 am EST
DOW Facing Trend-Change Confirmation Week!
DOW Friday close at 12638 Two weeks ago the DOW made a statement when it failed to make new highs on both a daily and weekly basis and then dropped and closed below its major support level at 12743. Without a major news item of consequence, the changing of a short-term […]
Just What Was In Those Fed Minutes Anyway?
Author: Bob Lang (info)
Website: http://trade-mentor.com
Posted: May 30th, 2008 at 4:50 pm EST
Tuesday’s market slump was the result of many excuses: new highs in oil, overbought condition, inflation data and the release of minutes from the Fed’s last meeting. We’ve said many times, any excuse for selling will work…while buyers only need ONE reason. But let’s drill down a bit into those Fed minutes […]
Indexes Retreat - Top of the Channel Found
Author: Tony De Vito (info)
Website: http://www.theoasisclub.net/
Posted: May 26th, 2008 at 6:47 pm EST
DOW Friday close at 12479The DOW gave a convincing statement this past week that the upside, at least for the short-term (2-3 months), is over and that rallies back up toward the 13000 level will be heavily sold. The DOW had a “classic” reversal week with higher highs, lower lows, and a close below the […]
Bear Rally… or pure BULL
Author: Harry V (info)
Website: http://myoptiontrades.com
Posted: May 25th, 2008 at 10:48 pm EST
5 days of down moves and markets have swung back enough to revive the BEAR. Before this swing down it looked as if good old BULL was back and there would be no more pain. How fast things change !!! Oil has attained highs and seems ready to roll over. FOMC minutes have roiled the […]
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