Archive for November, 2007

Morning Call by Greg Secker

November 14, 2007

The DOW had the biggest up day for 5 years yesterday as it bounced of the 13,000 level, closing the session up 319 points at 13307. The S&P rallied 41 points. The NASDAQ gapped higher and closed the session up 89 points (3.5%). The FTSE, writes Greg Secker, 100 failed to trade up through the [...]

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Morning Call by Greg Secker

November 13, 2007

 The DOW traded higher for most of the session but fell in the last hour to close below the psychological 13000 level, ending the session down 55 points. The S&P closed down 14 points. The NASDAQ fell 43 points on the 200 ema. The FTSE, writes Greg Secker, 100 opened lower but did pick up [...]

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Morning Call by Greg Secker

November 12, 2007

The DOW traded lower on Friday closing the session down 223 points and below the 200 ema. The S&P fell 21 points and the NASDAQ closed down 86 points. The FTSE, writes Greg Secker, 100 traded higher at the open but soon started to fall off closing the session down 77 points and below the [...]

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Morning Call by Greg Secker

November 9, 2007

The DOW had a day of selling but found some ground towards the close to finish the day down 33 points and showing us a big low test bar. The FTSE, writes Greg Secker, was affected by the US as we closed the US continued to tumble causing the FTSE to gap down at the [...]

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Morning Call by Greg Secker

November 8, 2007

The DOW gapped lower at the open and kept falling, through all support levels, all day to the close, ending the session down 360 points. The DOW has now broken the neck line of the double top. The S&P dropped 44 points yesterday ending the day sat on the 200 ema. The NASDAQ fell 76 [...]

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Control your mind, shape your destiny – Part 1

November 7, 2007

A great mentor once said….”Rich people take action, poor people do not”. If thats the case, then what is it that cause’s us to take action in one direction as opposed to the other? What moves us? Histology and basic pyschology teaches us that the mind is crudely divided between the concious and the unconcious. [...]

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November 7, 2007

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Morning Call by Greg Secker

November 5, 2007

The DOW fell at the open but rallied in late afternoon trading to close the session up 27 points leaving a low test reversal bar for Friday. With a double top forming on the DOW, watch for a break or bounce from the 13400 level. The S&P also rallied from the lows to close the [...]

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Morning Call by Greg Secker

November 1, 2007

The DOW had a volatile session yesterday after the cut in interest rates ending the session up 137 points. The S&P added 18 points and the NASDAQ 42 points closing at a new 6 year high. The FTSE, writes Greg Secker, 100 traded lower at the open but rallied during the session closing the day [...]

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Morning Call by Greg Secker

November 1, 2007

The DOW had a volatile session yesterday after the cut in interest rates ending the session up 137 points. The S&P added 18 points and the NASDAQ 42 points closing at a new 6 year high. The FTSE, writes Greg Secker, 100 traded lower at the open but rallied during the session closing the day [...]

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