Thursday, October 4, 2007

Review intraday Times

Review intraday Times (posted yesterday):


Markets are flat lining, in a narrow directionless trading, awaiting NFP tomorrow, still CITs managed some intraday swings:

The 9.55 CIT was a 10 am Low, rallied 6 SP's into 11H.

The 10.50-11.10* was a 11.00 Low (10.50 was mailed to subs, next to the 11.10), decline 4 SP's

Remaining CITs for today:

2.20-25 CIT?

3.35 pm CIT


Either 10/4 or 10/5@1st hour should be a Low. The 130 hourly Cycle could be off by a couple of hours and some cycles suggests a 10/5L
.

We should then rally into 10/9@Open.

Ian

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