We reached S&P 1119 on 12/4. Was that the high for the year?

Discussion in 'Trading' started by DisciplinedHedg, Dec 10, 2009.

We reached S&P 1119 on 12/4. Was that the high for the rest of the year?

  1. Yes.

    7 vote(s)
    28.0%
  2. No.

    18 vote(s)
    72.0%
  1. plan

    plan

    I think it was. Hanukkah just started, then holidays, volume is gone...so we're stuck in the range.
     
    #21     Dec 11, 2009
  2. spinn

    spinn

    wow my post asking why there are no relevant posts was deleted.

    how long before this one is?
     
    #22     Dec 11, 2009
  3. Tsing Tao

    Tsing Tao

    This was posted elsewhere in the forum but more on greece and ireland. if greece drops the euro doesnt the dollar take a defacto bump and the market...if driven on lower usd...take a dump?
     
    #23     Dec 11, 2009
  4. jalee25

    jalee25

    10 minutes b4 market close.... another check for the bulls. The market is trying cling to a slight gain despite a better-than-expected retail sales number.
     
    #24     Dec 11, 2009
  5. Though we are in a tight range, I will add that the % of investors looking for a correction is at a high. In the past, this has often led to choppy trading several weeks out.

    We have seasonality which provides the market a forward breeze, but in this environment, a false breakout is highly probable no matter how strong it initially appears.

    One thing noticeable today is that the market shrugged off the strength in the dollar.

    Thought I would contribute a post since I'm the OP...
     
    #25     Dec 11, 2009