Traders Laboratory - View Single Post - 12/5/07 Dow YM Analysis
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Old 12-05-2007, 08:17 PM
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This member is the original thread starter. Re: 12/5/07 Dow YM Analysis

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James, this was an excellent analisis for today and it really worked as predicted... I asume the asian open will gap up... thanks for this analisis, if posible, keep them coming.. thanks Walter.
Hi Walter,

Thanks. Asian markets did gap up today. Usually on a big gap day the Nikkei does nothing but trade in a tight range. This is the reason this contract can be one of the most boring contract in the world.

Last year, most of the movements came in the form of gaps. Intraday movements were minimal.

Will see it plays out and will post a few thoughts for todays upcoming US session.

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