Pls. post here any analysis of DOW JONES ( FA and TA or even psychology) for the reference of other readers

DOW JONES lost "bigtime" for 3 consecutive days due to Banking and Financial sector triggered by President Obama’s proposal to limit proprietary trading activities of banks, and a Credit Tightening in China.

After all of this words, where is the DOW headed now?
An analysis of one guru of mine... Where the DOW Headed To?

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Stock Market Notebook - Whenever I find myself under stress, questioning my judgment of the market, I pull out these compilation of basic trading principles and review them.

The market plunged last week due to White House's proposal to impose more restrictions on banks; China's moves to rein in economic growth; and questions about whether Federal Reserve chairman Ben Bernanke will win confirmation for a second term. His first term ends Jan. 31.

S&P 500 will try to stop the bleeding on wall st...
S&P 500 Will Try to Stop the Bleeding on Wall St. Penny Stocks Trading Alert

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Stock Market Notebook - Whenever I find myself under stress, questioning my judgment of the market, I pull out these compilation of basic trading principles and review them.

For some time now we’ve been very concerned that all the major indexes are in the “thin air” and have exceeded some key Fibonacci retracement levels. This new short video explores that and looks at a key Japanese candlestick formation that could really make a difference and be the first clue in the demise of the Dow.

Click to wath the video
Is the DOW in Trouble?

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Stock Market Notebook - Whenever I find myself under stress, questioning my judgment of the market, I pull out these compilation of basic trading principles and review them.

Just when we thought everything seems to be panning out okay after the huge triple-digit rebounds of the DOW made in the last 2 days. Today, when I wake up, the DOW is just hanging now precariously on 10, 000 level. The hopes of profits as the DOW became closer to 10,500 level suddenly vanished. This is really the times when you wish you are not in the market!

The Problem now is the snowballing Global debt and deficit concerns now. It started in Dubai, then followed by Greece, now Spain, Portugal and as being written now, possible other eastern European countries. The “****roach theory” where when you see one, there are others somewhere else is unfolding now.

The direction now of the DOW is to breach 10,000 level and I do not have a hunch now as to how deep will it go from 10,000 level at the moment... This kind of situation, again will separate the market investors into the market traders. As Linda Raschke said, " Your mind and psyche are your main trading assets. "

http://stocktradersnotebook.blogspot.co ... -plan.html

__________________
Stock Market Notebook - Whenever I find myself under stress, questioning my judgment of the market, I pull out these compilation of basic trading principles and review them.

DOW, the candle stick last friday looks like a hammer but it didn't close near or on its high, instead it closed near on its opening so i can consider it more of a doji.. but with long tail.. whatever candle stick you may call it, its still a reversal candle. explaining this using market psychology, the bulls took over at the hour of the trading week last week.. so I can see the shift of momentum from bears to bulls. however, we need a confirmation today. a long white candle or a strong demand by the bulls are needed. If confirmed, we might see a possible reversal.
crossing my fingers...

more trading principles and strategy
Stock Market Traders Library

__________________
Stock Market Notebook - Whenever I find myself under stress, questioning my judgment of the market, I pull out these compilation of basic trading principles and review them.

I am also crossing my fingers let see how it goes and what can be the outcomes.