Feb 17
Tuesday
Major Trend Change - Dow Turning Point
TheInflationist puts an order to open for a long position at 7480 $5/point; 7390 at $5/point; and 7320 at $10/point. Our indicators suggest a major trend change is due. The Dow has dropped by 1340 points from a high in 6 January 2009 - that is a fall of 14%. Prior to any trend change, markets usually capitulate or surge prior to the ensuing trough or peak (respectively) to follow. Continue…
All entries filed under Your StockPicks
MaGiK - Edition 11
no responses - Posted 02.09.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 9 Feb 2009 | Edition 11 DOW FTSE Daily Week Daily Week 8214 8150 Pivot 4285 4225 Pivot 8375 8440 R1 4345 4400 R1 8120 7990 S1 4240 4110 S1 8628 8920 R3 4440 4700 R3 7875 7525 S3 4140 3800 S3 8500 8690 R2 4400 4550 R2 8000 7755 S2 4185 3965 S2 94 80 % 80% 85 % Dow The Dow closed at 8281 on Friday. We are expecting the Dow to trade within a range of 8375 (daily R1) and 8120 (daily S1). Swing is overbought at 94% hence ...continue
no responses - Posted 02.09.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 9 Feb 2009 | Edition 11 DOW FTSE Daily Week Daily Week 8214 8150 Pivot 4285 4225 Pivot 8375 8440 R1 4345 4400 R1 8120 7990 S1 4240 4110 S1 8628 8920 R3 4440 4700 R3 7875 7525 S3 4140 3800 S3 8500 8690 R2 4400 4550 R2 8000 7755 S2 4185 3965 S2 94 80 % 80% 85 % Dow The Dow closed at 8281 on Friday. We are expecting the Dow to trade within a range of 8375 (daily R1) and 8120 (daily S1). Swing is overbought at 94% hence ...continue
Magik - Edition 7
no responses - Posted 02.03.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 3 Feb 2009 | Edition 7 DOW FTSE Daily Week Daily Week 7935 8109 Pivot 4076 4165 Pivot 8005 8300 R1 4120 4300 R1 7875 7800 S1 4040 4019 S1 8137 8754 R3 4200 4577 R3 7735 7350 S3 3960 3740 S3 8070 8524 R2 4156 4429 R2 7802 7580 S2 3998 3885 S2 26 42 % 27 63 % Dow No trade taken. The Dow closed at 7937 on Monday. We are expecting the Dow to trade within a range of 8005 (daily R1) and 7875 (daily S1). Swing is oversold at 26% hence ...continue
no responses - Posted 02.03.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 3 Feb 2009 | Edition 7 DOW FTSE Daily Week Daily Week 7935 8109 Pivot 4076 4165 Pivot 8005 8300 R1 4120 4300 R1 7875 7800 S1 4040 4019 S1 8137 8754 R3 4200 4577 R3 7735 7350 S3 3960 3740 S3 8070 8524 R2 4156 4429 R2 7802 7580 S2 3998 3885 S2 26 42 % 27 63 % Dow No trade taken. The Dow closed at 7937 on Monday. We are expecting the Dow to trade within a range of 8005 (daily R1) and 7875 (daily S1). Swing is oversold at 26% hence ...continue
Magik Numbers: Edition 4
no responses - Posted 01.29.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 29 Jan 2009 | Edition 4 DOW FTSE Daily Week Daily Week 8315 8092 Pivot 4276 4087 Pivot 8460 8274 R1 4339 4217 R1 8230 7895 S1 4230 3922 S1 8688 8654 R3 4441 4519 R3 8015 7519 S3 4132 3618 S3 8574 8464 R2 4390 4368 R2 8130 7709 S2 4180 3775 S2 95 22 % 87 28 % Dow Trade taken at R1 and stopped out for loss of 35 points. The Dow closed at 8376 on Wednesday which was a strong rally. We are expecting the Dow to trade within a range of ...continue
no responses - Posted 01.29.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 29 Jan 2009 | Edition 4 DOW FTSE Daily Week Daily Week 8315 8092 Pivot 4276 4087 Pivot 8460 8274 R1 4339 4217 R1 8230 7895 S1 4230 3922 S1 8688 8654 R3 4441 4519 R3 8015 7519 S3 4132 3618 S3 8574 8464 R2 4390 4368 R2 8130 7709 S2 4180 3775 S2 95 22 % 87 28 % Dow Trade taken at R1 and stopped out for loss of 35 points. The Dow closed at 8376 on Wednesday which was a strong rally. We are expecting the Dow to trade within a range of ...continue
Magik Numbers: Edition 2
no responses - Posted 01.27.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 27 Jan 2009 | Edition 2 DOW FTSE Daily Week Daily Week 8129 8092 Pivot 4156 4087 Pivot 8224 8274 R1 4266 4217 R1 8016 7895 S1 4092 3922 S1 8430 8654 R3 4462 4519 R3 7804 7519 S3 3914 3618 S3 8329 8464 R2 4359 4368 R2 7911 7709 S2 3997 3775 S2 58 22 % 85 28 % Dow We would have taken our trade plan for Dow at 7940 and profitted 240 points from it. The Dow closed at 8116 on Monday which is very near the daily pivot. ...continue
no responses - Posted 01.27.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 27 Jan 2009 | Edition 2 DOW FTSE Daily Week Daily Week 8129 8092 Pivot 4156 4087 Pivot 8224 8274 R1 4266 4217 R1 8016 7895 S1 4092 3922 S1 8430 8654 R3 4462 4519 R3 7804 7519 S3 3914 3618 S3 8329 8464 R2 4359 4368 R2 7911 7709 S2 3997 3775 S2 58 22 % 85 28 % Dow We would have taken our trade plan for Dow at 7940 and profitted 240 points from it. The Dow closed at 8116 on Monday which is very near the daily pivot. ...continue
MAGIK Numbers
3 responses - Posted 01.25.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 25 Jan 2009 | Edition 1 Welcome to my inaugural edition of Magik Numbers, I will be writing a daily trading plan and commentary exclusive to theinflationist on price action for both the Dow Jones Industrial and FTSE 100. The format of my trading ...continue
3 responses - Posted 01.25.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis By Mr. Magik 25 Jan 2009 | Edition 1 Welcome to my inaugural edition of Magik Numbers, I will be writing a daily trading plan and commentary exclusive to theinflationist on price action for both the Dow Jones Industrial and FTSE 100. The format of my trading ...continue
Forex: 5 Reasons to Short EUR/AUD Currency
no responses - Posted 01.22.09
EUR/AUD hit 1.99 again tonight - one of our favourite plays because it aligns both fundamentals and technicals. The inflationist is bearish on the EURO and bullish on the AUD fundamentally - Australia being a commodity rich country whilst the EURO is a net importer of commodities - we expect ...continue
no responses - Posted 01.22.09
EUR/AUD hit 1.99 again tonight - one of our favourite plays because it aligns both fundamentals and technicals. The inflationist is bearish on the EURO and bullish on the AUD fundamentally - Australia being a commodity rich country whilst the EURO is a net importer of commodities - we expect ...continue
