Futures Trades

Tuesday, June 13, 2006

 

Vector signal today

Holding short.

Comments:
I was doing the Google search found your blogsite. Some content here is very thought provoking. Not sure i agree with all but hey this is a democratic society - on the whole!!

All the best again, from David at http://www.easy-forex.com/Gateway.aspx?gid=9870 which is about easy forex
 
Are we testing the 52-week low this summer? The ominous aura suggests so.
 
Hi David. Welcome to the site and thanks for the comments. I always welcome other views and ideas, so feel free to disagree and share your logic. Hope you're stayin' on the right side of those trades!
 
Hi Ram.

Perhaps so!
 
Spike,

I guess another question to ask is do we have more downsides than the previous cyclical lows, namely late August 04 and early May 05.

I do see a lot of problems ahead. We have no idea how high the interest rate will climb, the hurricane season has just begun, and the energy cost remains a big concern.

I do see a short-lived recovery that might take Dow back above 11000 and Nasdaq above 2200. That's why I'm still buying some calls, and losing money.
 
Ram, those calls hopefully making you some money with that strong bounce while I was on the road. Looks like on the daily the DOW is doing a 4 up (a smaller 'a' up after subwaves in the 3rd down). So expect the smaller 'b' down, and the larger 5 down.
 
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