Morning update (2):
NDX/QQQQ/NQ drop all the way down to their 50 dma's and hold so far (1870, 46 and 1874) . I don't think bears will get much more today, unless oil gets back above 118. Bonds are still negative.
The big volume will start with Monday night futures. Trading today after the initial hour and a half is not recommended.
Globex holiday schedule: link.
NDX/QQQQ/NQ drop all the way down to their 50 dma's and hold so far (1870, 46 and 1874) . I don't think bears will get much more today, unless oil gets back above 118. Bonds are still negative.
The big volume will start with Monday night futures. Trading today after the initial hour and a half is not recommended.
Globex holiday schedule: link.
This entry was posted
on Friday, August 29, 2008 at 8/29/2008 11:08:00 AM.
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8/29/08 11:39 AMWhere do you think the 'line in the sand' is on the Q's?
$46 ?
ED
8/29/08 11:46 AM
45.60/45.80.
8/29/08 2:18 PM
Thanks - have a great holiday weeekend.
You must take a look at this:
http://www.atmos.washington.edu/~ovens/loops/wxloop.cgi?wv_east_enhanced+12
8/29/08 2:37 PM
Thanks, you too,
M
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