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Dow

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    sabretoothtigger wrote: »
    If this rise holds it'll break the recent falls. 1090 for the SP500 is a big hurdle to take on and usa jobs data is this week, todays figures, ADP Non-Farm Employment Change were a bit worse then expected

    You aint seen nothing yet. It could be alot more volatile then this if it did not hold

    Well! job figures and 1090 successfully negotiated.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Im withholding judgement till after the holiday weekend :laugh: I think it may be the larger decisions are made after not before in general.
    Volume yesterday was low and today about average, selling comes with higher volume most usually


    Im always net long so dont mind if it keeps going up. 1100 and 1150 are the next major barriers.

    Euro is going up in time with this all and dollar is back to mid august lows well rid of its previous uptrend so it fits so far.

    Except yen is far too strong and yen is largest funding currency in the world (as opposed to largest debtors, usa or even ourselves rely on foreign cash)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dow expected to open higher after some solid economic data, it has already bounced the Ftse.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    Dow expected to open higher after some solid economic data, it has already bounced the Ftse.

    A barrel of oil is flying up too.

    Great news.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    A barrel of oil is flying up too.

    Great news.

    It is if you own oil shares :beer:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well, that didn't last long, seems like profit taking for the Qtr end was the excuse.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Its rattling in its cage a bit SJ Can always go either way though I think down some

    dowi.jpg
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    The Dow rose 2% today, closing at its highest level since the Sept. 2008 bankruptcy of Lehman Brothers http://on.wsj.com/agfsvc


    I got 20% of funds in usa so I should feel richer.
    However the dollar lost three quarters of a percent or over 1 percent against the british sterling
    So any gains for Brits have to be halved. Its never simple :o
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Those indexes are proving very resilient at the moment.


    WeebleBoy.jpg
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    In poker terms, I'm now all in. :beer:
This discussion has been closed.
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