Replies to post #2460 on ETF SWING & DAY TRADING

[POKERSAM]

what about day before Labor Day? RCP
I think the day before a holyday is usually up day.
Paul

[smartone]

so how long did the gaps last??

perhaps the thing to do is play the fade..

[Carlsmutual]

Thanks rcptrader,

it looks like this year will be a gap down. Of the last 3 years oil has been going up and nothing has been as bad as the disaster in NO.

Bush is on TV and that is good for a drop.

If the 50 crosses above the 200 on the 5 min. VXN I don't think the market will close green today. Carl

[Bollinger]

Rcptrader,

Have a possible explanation for your gap down or up history if you follow presidential cycles. The 1st and 2nd year of a term are not good for the markets while the 3rd is awesome for the markets and the 4th is good but more tepid. We are in the 1st year of the cycle.