Discussion in 'Trading' started by ang_99, Nov 9, 2005.
Anybody know of a catalyst for the sharp move up......please dont tell me more buyers than sellers..
maybe cheney resigned?
Just a lot of volume is all I see. Certainly broke the morning downtrend's back. In the maybe category, perhaps a few days of pounding 1220 and not getting anywhere was enough...
Looks like XOM may have been the culprit..
Maybe heavy buying in the oil sector with oil going over $60/barrel?
I love this market, always bails you out.
Plus a lot of indexes are beaking out of flag patterns.
PS I had a short sale order on XOM at 57.44 but I got spooked and canceled it. That would have hurt
GS grabbing offers like free rice in North korea. Mystery client.
ONLY 6 MORE WEEKS TILL BONUS TIME.
Indexes broke out of a 1.5 day consolidation at the bottom of a 4 day channel. don't know what was the cause and don't care either. It was quite beautiful technically speaking
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