Wild Day on Wall Street

Wednesday, August 01, 2007 | 10:02 PM

Was that not a crazy day of trading?

We fluctuated all day -- plus to minus and back again -- before finishing with quite the flourish:

DJIA Intra-day August 1, 2007


The only notable thing I saw was that we traded down to the S&P500 Cash Futures 200 day moving average, befire snapping back the last 20 minutes.

With the Dow up 154, the Advance Decline was a surprising 1377/1926 in favor of decliners.

We also got mildly oversold, based on the % of stocks trading over their 200 day moving average, and more moderately oversold  according to the equity index put/call ratio. . .


Wednesday, August 01, 2007 | 10:02 PM | Permalink | Comments (18) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Wild Day on Wall Street:


Futures premarket touched -160 (FV -11). Market finished +48. DJIA being cap weighted and shorts at/near all time highs somebody used cubic money and squeezed the prescient but underfunded. Friday employment and they are set to get their cash back out before the rush for the exits.

Posted by: Rob Dawg | Aug 1, 2007 10:50:42 PM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™