dow jones one year after lehman brothers collapse

It seems that our financial world doesn't know exactly towards what
new equilibrium point to tend.

The crisis was very profound for some people, moderately profound for some and almost nonexistent for others.

But one thing is sure the markets are here.. and are here to grow as it seems faster then the real economy.

Here's a look with the dow jones at 9600 after one year from the beginning of the crisis.

dow jones raised from 8100 to 8500 in just two days

Hi,

It seems that Market Volatility is huge these days.

It seems that a new bull market has started to gain momentum.

Is the recession ending?

Indeed, it can be, stocks are cheap, oil is around 60$ a barrel, wich is sustaining the growth.

The dollar around 1.4085 supports also this bullish market.

Goldam Sachs and Johnsons and Johnsons gave us good news...

Everything... should be ok for the economy, the recention might be just history, but nobody can really tell..

The G

Broker for you

eurusd in the last week

The last week the EUR started to depreciate against the US dollar.

the value of 1.4071 send the Eur to a plunge.

It's interesting to observe a little the bigger picture... A range trading, and very vollatile behaviour is to remark on this pair.

It seem like the banks can move the pair all around but a down trend is feasible.

The short future looks promissing for the us dollar... but on a longer term China puts lots of pressure... why? cause it's very afraid of their money in US Bonds, 'what if US economy falls suddenly'? ' what happens with our money?' China is putting lots of pressure on the US dollar.


For the moment the pair sits comfortably around 1.3915 - 1.3945.


If the Dow gets under 8000 a big psychological value, the pair can hit 1.37, if it goes optimistically high towards 8700 then things might turn around...

Take in consideration specially the Goldman Sachs prognosis 1.45 for eurusd and 1.85 longer term prognosis for the cable...

Make money trading!

G

dow jones range trading

After the main index of US Stocks, the Dow,

ranged high from 8300 to 8500.

It surprised us with a fall to the levels around 8200. It also had the bias of falling
to around 8100 but, that value seemed a little to low and started again a range movement
between these 2 psychological levels 8100 - 8200.

You can see on the graph that the descendant trend established that started at 8350 and
went through the very important value of 8229 towards 8165 where is trading for the moment.


If AIG falls we are gonna see the Dow lower even then 8000.

All the best

G

dow jones today for traders

The dow jones index... fell today to 8640 after the
Europian Stocks fell also.

The Dow made a correction till 8688 then continuing a descendent trend to 8648.

More on it,

later.