Archive for January, 2008

Morning Call by Greg Secker

January 17, 2008

The DOW opened the session below the 12500 level and traded down to the 12400 level where it found some support and rallied back up to the 12600 level before falling back at the close to end the session down 34 points and below the 12500 level. The S&P closed at new lows in the [...]

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Morning Call by Greg Secker

January 16, 2008

The DOW open the session with a large drop and continued trading down until it hit the 12500 support level, ending the session down 277 points. Watch the 12500 level for a break or bounce. The S&P and NASDAQ both fell hard during the session with the S&P closing down 35 points and the NASDAQ [...]

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Morning Call by Greg Secker

January 14, 2008

The DOW fell at the open on Friday down near to the 12500 support level closing the session down 246 points. Watch the 12500 level for a break or bounce. The S&P fell 19 points and the NASDAQ fell 48 points. The FTSE, writes Greg Secker, 100 opened higher but could not hold on to [...]

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Morning Call by Greg Secker

January 14, 2008

The DOW fell at the open on Friday down near to the 12500 support level closing the session down 246 points. Watch the 12500 level for a break or bounce. The S&P fell 19 points and the NASDAQ fell 48 points. The FTSE, writes Greg Secker, 100 opened higher but could not hold on to [...]

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Morning Call by Greg Secker

January 11, 2008

After a drop at the open the DOW rallied to the 12900 level before falling back at the close ending the session up 117 points. The S&P added 11 points and the NASDAQ added 14 points as they also rallied during the session. The FTSE, writes Greg Secker, 100 gapped higher at the open but [...]

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Morning Call by Greg Secker

January 10, 2008

 

The DOW fell to 12500, which provided support back in Aug 07, where it found support again and rallied to the close ending the session up 146 points. A break of this leave could lead to a much larger decline. The S&P added 18 points and the NASDAQ added 34 points as they also rallied [...]

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Morning Call by Greg Secker

January 10, 2008

 

The DOW fell to 12500, which provided support back in Aug 07, where it found support again and rallied to the close ending the session up 146 points. A break of this leave could lead to a much larger decline. The S&P added 18 points and the NASDAQ added 34 points as they also rallied [...]

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Morning Call by Greg Secker

January 9, 2008

The DOW ended the session at the lows of the day down 238 points after getting the downside break form the neck line of the head and shoulders pattern. The S&P also go a downside break form its long term trend line closing the session down 26 points, the NASDAQ fell 59 points. The FTSE, [...]

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Morning Call by Greg Secker

January 8, 2008

The DOW has started to form a consolidation at the lows on the neck line of the head and shoulders pattern, closing the session yesterday up 27 points. The S&P added 4 points but the NASDAQ fell 5 points. The FTSE, writes Greg Secker, 100 fell in the afternoon, before putting in a rally to [...]

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Morning Call by Greg Secker

January 7, 2008

Following weak Non Farm Payroll data on Friday all US indices had a major fall. The DOW closed down 256 points at the 12800 support level, which could be the neck line of a very large head and shoulders pattern. The S&P fell 35 points and closed around the long term trend lines that started [...]

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