Trading Houston 5

Discussion in 'Share Investing Strategies, Theories & Education' started by Tropo, 23rd Nov, 2008.

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  1. Tropo

    Tropo Well-Known Member

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    :cool::cool:
     

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  2. perky

    perky Well-Known Member

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    Ha , I said 3500 is possible and it went below that!!
    Watch out for next leg down - Steve Navra is predicting DOW at 6500 - so that would make us below 2800 (maybe 2600?).
    All we need is one more major USA corporation to go bust and all those derivatives (CDO's) come to roost....
     
  3. Tropo

    Tropo Well-Known Member

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    Yep...
    I've got on DOW:7477/72, 7260/56....6855 (mid point), 6652/48.
    On XJO = 2926/21...2693/90 :eek:
     
  4. AsxBroker

    AsxBroker Well-Known Member

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  5. Tropo

    Tropo Well-Known Member

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    Don’t you like ‘round’ numbers??? :D;)
     
  6. AsxBroker

    AsxBroker Well-Known Member

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    Makes it easier to count :)
    Just keeping on adding "0"s on the end...
     
  7. Sacko

    Sacko Well-Known Member

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    If only they did that with my salary too! :rolleyes:
     
  8. Tropo

    Tropo Well-Known Member

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  9. 1300 GET A PLAN

    1300 GET A PLAN Active Member

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    Time frames for each level and market?
     
  10. Tropo

    Tropo Well-Known Member

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    I am not in astrology business. :rolleyes:
    The best person to ask is W.D.Gann, and he is dead now. :eek:
     
  11. Tropo

    Tropo Well-Known Member

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    Next levels (short term) on DOW are: 8172/66, 8050/44, 7700/06...
    Have a nice trip.;)
     
  12. AsxBroker

    AsxBroker Well-Known Member

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    Hi Tropo,

    What's that for the S&P/ASX200?

    Cheers,

    Dan
     
  13. Tropo

    Tropo Well-Known Member

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    Dan,
    Must be a hot day in Sydney...;)
    I am talking about DOW not XJO ! :eek:
     
  14. AsxBroker

    AsxBroker Well-Known Member

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    Lol Tropo,

    It was a hot day in Sydney.
    That's why my grammar was very bad.

    I know your talking about dow :)

    What I meant was, were are the corresponding points in the ASX200 in relation to those in the dow you listed?

    Cheers,

    Dan
     
  15. Tropo

    Tropo Well-Known Member

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    At: 3470/66, 3311/06, 3221/15 (in relation to DOW I would use it as a guide only). ;)
     
  16. Tropo

    Tropo Well-Known Member

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    DOW

    IF DOW at one stage breaks down 7805/7797 it may :eek: hit 6790/6783 level.
    So, do not leave your home without a parachute, air bags, few beers, and black umbrella. :p
     
  17. perky

    perky Well-Known Member

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    Pretty darn close right now...
     
  18. Tropo

    Tropo Well-Known Member

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    T. in trouble..
     

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  19. Tropo

    Tropo Well-Known Member

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    Perky,

    Not to worry...All good news. ;)
    DOW (short term) is heading towards 7420/28.
    Gold is heading towards $1007/13
    Stay :cool: and keep $$$$miling. :p
     
  20. Tropo

    Tropo Well-Known Member

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    Well....It seems that DOW is developing another leg down.
    Levels to be hit (possibly) = 6790/83; 6605/6598; ...... 6449/42 :eek:
    Today’s close at 7114.78 is not marked on the chart (chart is 16h delayed).
     

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