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Old 12-20-2007, 09:10 PM
waveslider waveslider is offline
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Re: Roll call

Last 3 days have been sleepy - look at the dojis in the various markets. Starting to get some action now - - it seems like everyone is waiting for the "Santa Claus rally", but the markets are being really tricky in their operation.

It's really weird to me. I look at inter market relationships alot. The Nas was up the whole day (because of google/doubleclick I guess) while the rest of the market was down (until the close). On Wed. it was the opposite.
Tuesday gave a great clue that the markets were going higher as the Russell outperformed the other markets into the close.
Now the russell closes up 1.7% and the dow up .34% - - - WHAAA?? compare those 2 charts!!

It looks like there is a short term long opportunity in the Euro and Brit. Pound futures. Reversals at the bottom of a channel.

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