INDU held above 10K

INDU closed at 10042.16. S&P 500 closed at 1074.14 and NASDAQ closed at 1949. It looks like more money is moving into the big caps.

Started experimenting YM, the e-mini Dow Jones index future. It trades in much lower volume compared to ES. The result has been good so far using the same setup for ES. Actually, the same setup (trend following plus price action, resistence and support, plus Bollinger Band with Slow Stochastic is being used in stocks, stock options, and futures.

USX China Index

For those who are interested in emerging market in China, here’s the new USX China Index (United States Exchange China Index). It is comprised of companies whose common stock is publicly traded in the United States and whose primary business is conducted within China.

Design Patterns and .NET

Microsoft has published a suite of design patterns using .NET. Not surprisingly, you can find striking similarities with the design patterns published by Sun Microsystems for the J2EE platform. Here’s the link for Patterns & Practices .

It’s definitely a good resource for architecting any solutions.

For discussion on patterns, visit this Patterns Community.

By the way, Mono project team has released Mono 0.24, which implements .NET on Linux.