Archive for November, 2007

Morning Call by Greg Secker

November 30, 2007

After a 600 point run in the last two days the DOW paused yesterday closing the session up 22 points as it starts to build a consolidation at the high of the recent rally. The S&P closed flat on the day as it consolidates below the 200 ema. The NASDAQ added 5 points closing just [...]

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Morning Call by Greg Secker

November 29, 2007

The DOW surged higher at the open breaking out through the upper trend line and the 13,000 level, ending the session up 331 points. The S&P has found support on its long term up trend line, added 40 points in the session, as it also broke out of its upper trend line. The NASDAQ gapped [...]

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Morning Call by Greg Secker

November 28, 2007

The DOW rallied off the lows at the open ending the day up 214 points. Watch the big number at 13,000 for a break or pull back. The S&P added 21 points, the NASDAQ added 39, but is still trading below the 200 ema. The FTSE, writes Greg Secker, 100 gapped lower at the open, [...]

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Morning Call by Greg Secker

November 27, 2007

The DOW traded higher at the open but soon turned to trade lower for the rest of the session finishing the day down 237 points. The S&P closed down 19 points, the NASDAQ fell 55 points. FTSE 100 gapped higher at the open but could not hold on to the gains closing down 81 points. [...]

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Morning Call by Greg Secker

November 23, 2007

All US markets closed on Thursday and today are open for ½ a day. The FTSE, writes Greg Secker, 100 quickly reversed at the open to trade down near to the psychological 6000 level which has provided major support in the past. The index rallied from this level to close the session up 84 points. [...]

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Morning Call by Greg Secker

November 21, 2007

The DOW had a volatile trading day yesterday, rallying at the open up 120 points before falling over 200 points and rallying to the close to finish the session up 51 points. The S&P closed up 6 points, NASDAQ up 3 points. The FTSE, writes Greg Secker, 100 gapped higher at the open but quickly [...]

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Morning Call by Greg Secker

November 20, 2007

The Dow fell at the open and traded lower during the session closing down 218 points and below the important 13,000 level. The S&P fell 25 points, the NASDAQ fell 43 points back to its 200 ema. The FTSE, writes Greg Secker, 100 continues in its current short term down trend setting new lows again [...]

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Morning Call by Greg Secker

November 19, 2007

The DOW traded in a range on Friday above the 13,000 level ending the session up 66 points. The S&P closed 7 points and the NASDAQ closed up 18 points. The FTSE, writes Greg Secker, 100 gapped lower at the open, it tried to fill the morning gap but then fell to the close ending [...]

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Morning Call by Greg Secker

November 16, 2007

The DOW had another sell off at the close yesterday, closing down 121 points. Watch the 13,000 level for a break or bounce. The S&P fell 19 points and the NASDAQ fell 25 points. The FTSE, writes Greg Secker, 100 traded higher at the open but soon turned and trended down for the rest of [...]

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Morning Call by Greg Secker

November 15, 2007

The DOW opened up higher but soon fell back to close the gap where it traded sideways for most of the session before it fell to the close ending the session down 83 points. The S&P closed down 10 points, the NASDAQ fell 29 points. The FTSE, writes Greg Secker, 100 gapped higher at the [...]

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