Can't argue w/ that Mr.DE but we saw it again today China dip 6% n the world feel "nothing" ;p..
*If DOW slump 6%???^^.. Yiihaaaaaaaa........ -----Original Message----- From: Dean Earwicker <dean.earwic...@gmail.com> Date: Mon, 31 Aug 2009 23:38:36 To: <obrolan-bandar@yahoogroups.com> Subject: Re: [ob] DOW PAST AND FUTURE........ Today it's china that matters. On 8/31/09, Stock Breeder <stock.bree...@yahoo.com> wrote: > > Did u know that DOW "NEVER" left a GAP below in almost 2 decades???.. > > The "LAST" one was in January 17th, 1991 where DOW scored around 2.5% GAP UP > from 2508.91 to 2571.78.. > > I'm sure some of u r arguing right now concerning the word "NEVER" and > "LAST" ;p.. YES it's not by coincidence.. YES DOW still have 3 GAPs below as > follow: > > The first one.. 9328.22 > Second one.. 9093.87 > And the third one.. 8948.19 > > > Lets check the current DOW candle n indicators.. > > Candle --> Long black candle.. Currently shaking hand with Embah's penggaris > goceng short term uptrend channel (S July 16th, 2009 - S August 19th, > 2009).. > RSI --> Going down.. > STOCH --> Going down + DC.. > MACD --> Equal cross (unsucceed to have a firm GC).. > Will%R --> Going down.. > FIBo --> The 38.2% support FIBO typically around the 8913 level (A.K.A. > below the third GAP) > P. SAR --> So far is still giving a buy signal (please consider the laggard > issue).. > Historically March 2003 (start) - October 2007 (peak) DOW's RALLY (more than > 6K points RALLY) didn't leave a GAP.. So if the uptrend is valid n we'll > have a nice rally again.. Will DOW end it's HABBIT for the last 2 decades > not to leave any below GAP ???.. Will those 3 GAPs be closed soon???.. Or > maybe just 2 GAPs???.. Or perhaps just the last GAP???.. Time will tell ;p.. > > > Good night ^^ > > >
