Dow Jones Index, graphically is all ready for the great...

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Number of messages in the thread: 2

1. Date: 2008-10-04 23:27:06
Subject: Dow Jones Index, graphically is all ready for the great...
From: Temmao81 <m...@g...com> Search message by this author

I go back to talking about the Dow Jones after several months of away
from my last report. The close of Friday at 10,325 points is exactly
the low level indicated by the downtrend channel that has driven the
index from the maximum at 14,164 points (9 October 2007), to the
Minimum of yesterday (4 October 2008).

I published the chart in my blog: temmao81.blogspot.com
you can view the chart at tje url:
http://temmao81.blogspot.com/2008/10/english-version
-dow-jones-index.html

The chart is very easy and I think that it is unnecessary to add other
words. At this point everything is ready to try a rebound of a good
intensity and duration. Conversely, the break-out (down) of this very
important value of resistance, it would open the way for another sell-
off with target below 10,000 points.

In the event of a rebound, logically, for a trader on line is
preferable to trade stocks that technically offer the best guarantees.
Of course, in this situation, I prefer to operate on financial
securities, because this is a credit and financial crunch! But among
the 30 titles of the Index, they also are many titles that could be
ready to break out (upside) theyr bearish channel ... and that means
that they are ready to offer a bull signal.

I would remind you that ... The Dow Jones Industrial Average is the
best-known index of the New York Stock Exchange. The Dow Jones was
designed by Charles Dow, one of the fathers of the technical analysis
and the founder of the famous Wall Street Journal. The value of this
index is calculated by weighing the price of the 30 major titles of
Wall Street.

I published the chart in my blog: temmao81.blogspot.com
you can view the chart at tje url:
http://temmao81.blogspot.com/2008/10/english-version
-dow-jones-index.html

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2. Date: 2008-10-05 08:29:39
Subject: Re: Dow Jones Index, graphically is all ready for the great...
From: w...@y...com Search message by this author

On Sat, 4 Oct 2008 16:27:06 -0700 (PDT), Temmao81
<m...@g...com> wrote:

>I go back to talking about the Dow Jones after several months of away
>from my last report. The close of Friday at 10,325 points is exactly
>the low level indicated by the downtrend channel that has driven the
>index from the maximum at 14,164 points (9 October 2007), to the
>Minimum of yesterday (4 October 2008).
>
>I published the chart in my blog: temmao81.blogspot.com
>you can view the chart at tje url:
>http://temmao81.blogspot.com/2008/10/english-versio
n-dow-jones-index.html
>
>The chart is very easy and I think that it is unnecessary to add other
>words. At this point everything is ready to try a rebound of a good
>intensity and duration. Conversely, the break-out (down) of this very
>important value of resistance, it would open the way for another sell-
>off with target below 10,000 points.
>
>In the event of a rebound, logically, for a trader on line is
>preferable to trade stocks that technically offer the best guarantees.
>Of course, in this situation, I prefer to operate on financial
>securities, because this is a credit and financial crunch! But among
>the 30 titles of the Index, they also are many titles that could be
>ready to break out (upside) theyr bearish channel ... and that means
>that they are ready to offer a bull signal.
>
>I would remind you that ... The Dow Jones Industrial Average is the
>best-known index of the New York Stock Exchange. The Dow Jones was
>designed by Charles Dow, one of the fathers of the technical analysis
>and the founder of the famous Wall Street Journal. The value of this
>index is calculated by weighing the price of the 30 major titles of
>Wall Street.
>
>I published the chart in my blog: temmao81.blogspot.com
>you can view the chart at tje url:
>http://temmao81.blogspot.com/2008/10/english-versio
n-dow-jones-index.html

That "bull signal" is the sound of gas leaving the bovines ass!

ted