Archive for March, 2008

Daily update from Traders University

March 31, 2008

The DOW continued to trade lower on Friday following the channel down, ending the session down 86 points. The S&P fell 10 points and the NASDAQ closed down 19 points. The FTSE, writes Greg Secker, 100 traded higher during the morning but turned to end the day down 24 points. Futures – DOW is called [...]

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Morning Call by Greg Secker

March 28, 2008

The DOW started the session with a push higher off the 12400 level but turned during the session to close down 120 points on the 12300 level. The S&P closed down 15 points and the NASDAQ fell 43 points. The FTSE, writes Greg Secker, 100 pushed higher at the open ending the session up 57 [...]

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Morning Call by Greg Secker

March 27, 2008

The DOW traded lower at the open falling down to the 12,400 level where it found support for the rest of the session ending the day down 109 points. The S&P closed down 11 points and the NASDAQ fell 16 points. The FTSE, writes Greg Secker, 100 had a quiet sideways trading day ending the [...]

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Daily update from Traders University

March 26, 2008

The DOW had a quiet trading session yesterday ending the day down 16 points. The S&P added 3 points and the NASDAQ closed the day up 14 points. The FTSE, writes Greg Secker, 100 gapped higher at the open and ran into the 20 ema and the 5700 level which acted as resistance during the [...]

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Morning Call by Greg Secker

March 25, 2008

The DOW closed up 261 points on Thursday and trading on Monday saw the rally continue ending the day up 187 points and back above the 50 ema. The S&P added 20 points and the NASDAQ added 68 points on Monday. The FTSE, writes Greg Secker, 100 closed Thursday down 50 points mainly due to [...]

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Morning Call by Greg Secker

March 20, 2008

The DOW pushed higher at the open trading above the 12400 level but soon reversed and then fell for the rest of the session ending the down with a massive 292 point loss and down below the 12100 level. The S&P fell 32 points and the NASDAQ closed down 58 points. The FTSE, writes Greg [...]

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Morning Call by Greg Secker

March 19, 2008

The DOW gapped higher at the open and pushed higher during the session before volatility took hold after the Fed cut the interest rates by 0.75% causing the DOW to fall back to the 12100 level where is bounced some 300 points to close just under the 12,400 level ending the session up 420 points. [...]

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Morning Call by Greg Secker

March 18, 2008

The DOW had a large ranging day yesterday as it moved up and down within a 200 point range before putting in a 300 point rally off the lows to close the session up 21 points. The S&P closed down 11 points and the NASDAQ fell 35 points. The FTSE, writes Greg Secker, 100 had [...]

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Morning Call by Greg Secker

March 17, 2008

The DOW opened the session higher on Friday but ran into resistance at the 12200 level and following the Bear Sterns news the markets turned and fell some 350 points in less then 30 minuets, where the DOW continued to trade at the lows for the rest of the session down 194 points. The S&P [...]

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Morning Call by Greg Secker

March 13, 2008

The DOW pushed higher at the open but ran into some resistance at the 12,300 level where it turned and fell to the close to end the session down 46 points. The S&P closed down 11 points, NASDAQ fell 11 points, and all of the indices have left us with a high test reversal bar [...]

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