Discussion in 'Trading' started by S2007S, Jul 17, 2007.

  1. S2007S


    Is that it???

    Fun is over or???
  2. Means nothing, neither positive nor negative.
  3. S2007S


    oil nearing 75...
  4. It already hit $75 and also, so what?!

    Are you trying to start a news service? :confused:
  5. empee


    usually when you break a number like that you are goign to get another 200 pts just for the short squeeze. But it needs to close over it
  6. S2007S


    agree, last time the dow jumped 13k it closed up nicely.
  7. NY_HOOD


    don't like the reversal. DE reversed,that was a red flag.
  8. Since it is an index, it's not like there's going to be a magical squeeze the second it's over 14,000... it takes maybe 14020 or 14050 before people know it's real and start buying/covering like mad. I doubt many people left orders in real close to 14,000
  9. S2007S


    just when you think the market is tired it jumps another 2%.
  10. Exactly. Besides that, blue chips already started with good results so it's likely it's a trend that might continue due to strong 2nd quarter global growth...over the course of earnings, unless something changes, the trend of buying stocks up on good earnings will push the Dow higher.
    #10     Jul 17, 2007