Dow opens on the quiet side. Dog days of summer. Friday, nice weather. Traders heading to or already at the beaches.

Cable Update (GBPUSD)

"You make some kind of joke". Whats so funny. Just kidding.

Cable Update (GBPUSD)

Bingo!!

Cable Update (GBPUSD)

Here's a hint - draw a trendline from July highs to August highs and extend.

Cable Update (GBPUSD)

If 2.0150-2.0200 area is taken out, then I will believe cable is going higher. Much higher. But IMO don't think it will. Look at consolidation periods on 8/7/07 and again on 8/10/07.

Cable Update (GBPUSD)

Very little movement in the Dow futures before NY open.

Cable Update (GBPUSD)

For those of us who look at 40 posts per page - this is page 666.

Cable Update (GBPUSD)

Those who are long better watch closely. The Dow ended the day unchanged at -0.25. Another words a doji on daily basis into strong resistance. Also the major european indices DAX/CAC40/FT100 all ended near the lows of the day. Until (if) these 4 all ...

Cable Update (GBPUSD)

Is ohohohohohohohohohoooooooooooooooh dot com taken ? or yesyesyesyes dot com

Cable Update (GBPUSD)

A Commulist ?? But 90% employed is better than 90% unemployed.

Cable Update (GBPUSD)

Seems it is a server problem and they are attempting to restart trading host. Must be all those orders to go long to help move cable higher to rescue Soros Jr up to 2.1xxx. Houston, we have a problem.

Cable Update (GBPUSD)

CBOT where the Dow futures are traded are having some kind of data transmission problems. Their web site was slow coming up and just says eCBOT markets are being halted??????

Cable Update (GBPUSD)

Also DAX although up for the day, it is closing near its lows.

Cable Update (GBPUSD)

Cable being pulled in the direction Dow is going, as usual.

Cable Update (GBPUSD)

Probably only get to 1.25bil today.

Cable Update (GBPUSD)

Dow volume - Very normal for end of august. You have to discount the huge volume on the big down day though. I would hope it wouldn't continue at a 3bil share per day rate.

Cable Update (GBPUSD)

They don't like much of the banks today. $BKX bank index down 0.72% so far.

Cable Update (GBPUSD)

Dow pulling back to yesterdays closing level.

Cable Update (GBPUSD)

Here's a chart of the German DAX also facing strong resistance zone.

Cable Update (GBPUSD)

Cesar, You mentioned yesterday big number of 82 for USD$ index. Not it is 81 on downside. If it doesn't hold, more upside for cable. Sun

Cable Update (GBPUSD)