Pick The Dow

[bazanster2]

Hello BG,

Will go with the direction of:

MARKET INDICATOR FOR THE DOW JONES

5 Minutes prior to the Open..........Indicators were DOWN.

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Trade Balance and Import/Export prices scheduled for release at 8:30.
Results should set the tone going into the day.
Generally, traders have been hesitant to commit late in the day prior to
the Intial Claims report. The PPI and Retail Sales also out tomorrow.
On a lark, would short this market one hour prior to close.
We'll see how that one works out,

One Hour Prior to Close, Dow at 9,926.07
Early selloff dampens the chances of Market being down the last hour.
Most traders that were going to sell or short this Market have already done so.
So without many sellers, the advantage goes to the buyers.
Still, a large move towards the Upside is unlikely prior to tomorrow's economic reports.

good luck today,

baz
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[Bostongambler]

Down on Thurs...

[bazanster2]

Going with Down on Thursday.

baz
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[Bostongambler]

UP on Friday...



Have a Great weekend Baz!

[bazanster2]

Down on Friday,

Have a outstanding weekend BG,


baz
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[Bostongambler]

UP on Monday!!!

[HedgeKing]

India market down 15%...other markets very weak.

I'll say Dow down 200+ today. Just a guess.

Silver looks very good in here in my opinion.
The 5.59 level was the breakout level before silver romped to 8.50, then back to the breakout level.
Pullbacks to breakouts are common.

The fundamentals of silver are too strong and the lack of fiscal responsibility of
the US is too great. I see silver moving to over 10 within a year or two with an eventual move to 25 or more. Perhaps SSRI?

[bazanster2]

Welcome to Stock Talk HedgeKing,

Going to with Down on Monday.
http://money.cnn.com/markets/morning_call/index.html

Dow Jones Futures down -106 which is one of the most negative numbers we've seen in a while.
This could be a bit of a "bear trap" in that most of those selling will do so early and shifting the advantage to the buyers.
We'll see if BG gets the last laugh today as he did on Friday's squeaker.

baz
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[HedgeKing]

Thank you Baz,

Shoulda woulda coulda just taken that futures number as the holy grail today.
My 200+ number was derived from the average loss in Europe at the time of post.
http://finance.yahoo.com/m2?u from this link. My guess is that you guys know a lot
more than me about this market, so I'll lay low and lurk while the big stock chiefs of MW
forge ahead with minimal input from this end. Good luck.

[Bostongambler]

Hmmmm, I say maybe a little rise.

UP on Tuesday.

[bazanster2]

LOL Hedge King,

We're just guessing and any imput is always welcome.

Going with Up on Tuesday.

good luck today,

baz
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note:
Nasdaq lowest PE ratio in 7 months.
First Quarter earnings up 27% and 2nd Quarter earnings projected at 18%.

[Bostongambler]

Originally posted by: bazanster2
LOL Hedge King,

We're just guessing and any imput is always welcome.

Going with Up on Tuesday.

good luck today,

baz
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note:
Nasdaq lowest PE ration in 7 months.
First Quarter earnings up 27% and 2nd Quarter earnings projected at 18%.

Baz I flip a coin.
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[Bostongambler]

UP on Hump day....GL...

[bazanster2]

BG,

The yarrow stalks have me going with Up on Hump day.
Not quite as scientific as tossing coins, but in lieu any coinage,
their the next best thing.

baz
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[Bostongambler]

UP on Thurs.

[bazanster2]

Up on Thursday.

gl,

baz

[Bostongambler]

UP on Friday....

Geez, another week gone by... Have a Great weekend Baz.

[bazanster2]

BG,

Yes, this week went by quickly,
Definately got nipped at the wire yesterday at -.007

Hope for a little better luck today.

Going with Up on Firday.

Have an outstanding weekend,

go Redsox's!!

baz
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[Bostongambler]

Well the Sox had a great weekend Baz... Lets hope we have a great week ahead...


UP on Monday...