US Indices Traders Thread 2005

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tpaulbeaumont - Sat, 22 Oct 05 :

i dont trade DOW usually. i post on other threads. however, it does looks weak doesnt it, im convinced its going down longer term, but its had periods of weakness b4 over teh last 20months that havent lead anywhere, so, im not getting too excited until it breaks sub 10k, then i might have a little more inclination to look closer.


In my simplistic fundamental mind(i stick to charts), US rates have been at record lows and DOW hasnt gone anywhere for 20 months, now rates are goign up, so you'd EXPECT(logic doesnt always work all that great in markets!) equity markets to tank no


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