Dow gearing up for festival of light.

Forget and leave behind the bad trails and treats of Halloween October.
Let's brighten our new beginning again in this month of the "Festival of Lights"
SAWAEE KRAB!
It's the LOY KRATHONG.(8th till 12th November 2008)
Loy Krathong takes place all over THAILAND at just about any source of water. People will go down to their local rivers or even ponds to float a small container which is traditionally made from banana leaves. In Thai, the word "loi" means to float. They will put a candle, incense sticks and often a few coins for good luck into their krathongs. They will then float this on the water asking for forgiveness from Mother Nature for polluting waterways. As they crouch there and watch their krathong float away under the gaze of the full moon, the Thai people believe that the krathong is also floating away their bad luck.
So in order to have a bullish Dow Index and months to come,let's meet in Bangkok which will be held along the banks of the Chao Phraya River, From Krungthep Bridge to the Rama VIII Bridge.
Also the main highlight is The "Loi Prateep" royal ritual performed in the royal court on the night of the full moon of the twelfth lunar month.A water-borne procession consisting of an impressive fleet of no less than five hundred illuminated vessels, each with two lit candles and an incense stick, being carried down-stream.

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Tracking the Dow on Halloween Day,31/10/2008
9:30am:--A mild gap up.
September personal income was up 0.2%, which is slightly better than the 0.1% increase that was expected.
10:30am:--Bearish harami.
An early low was formed followed by a bullish engulfing.Integrated oil company Chevron (CVX) also posted strong results that exceeded Wall Street's expectations.
11:30am:--Graveyard doji at session high.
Yahoo's interest in teaming up with Google stems from trying to improve its competitiveness in the Internet search category. However, if the deal is blocked by regulators.
12:30pm:--A spinning morning star.
Market participants received another dose of economic data this morning. The core PCE deflator was up 0.2%. Total PCE deflator was up 0.1%, as energy prices dipped. The numbers are likely to be lower in upcoming months. Additionally, the third quarter employment cost index provided good news from an inflation standpoint. With a softer labor market, there is reason to expect the favorable trend to persist in the fourth quarter.
1:30pm:--Bullish spike up followed by dark cloud cover.
Commodities are being hit with selling pressure, causing the energy sector (-0.6%) and the materials sector (-0.6%) to underperform. Much of the weakness in commodities is owed the confluence of recession-based fears and a rebound in the U.S. dollar.
2:30pm:--Graveyard doji seen.
Crude oil prices are spiking higher, though no news item seems immediately responsible for the climb. After being down as much as 4.3%, crude is now up more than 3% to above $68 per barrel.
3:30pm:--Bearish harami.
Stocks have encountered a bout of stiff selling pressure as traders head into the session's final stretch. Each of the major indices moved sharply off their session highs. Whether the session's gains completely roll over will only be seen in time. However, if gains are maintained, it will mark the first time the stock market registered advances for two consecutive sessions in over one month.
4:00pm:--Hangman with a technical rebound closing.
Can these be the bearish tri-star since it was formed at the top?
The attempt to close through the 52 weeks bear-pivot did not work out as yet.If it happens,the bears will have to return back into the woods and stay put for the coming winter rather than going on a grizzly rampage in October and continuing its gnawling.