Quote:
Originally Posted by nmap
We're at a critical support level. If it holds, we've formed a double bottom, and we have a chance for a nice rally.
If it breaks, then Dow Theory indicates continuation of a bear market - and Dow 5500 or less is possible.
We may drift upwards a few days, but any hard drop from current levels is likely to have nasty consequences.
That mountain acreage might be a nice place to stay for awhile...especially since rumor control hints at up to 3 million more job losses next quarter... LINK
Pleasant dreams....  |
And please tell us when to buy?
From the WSJ"
http://online.wsj.com/article/SB123604419092515347.html
The Dow has lost 3K plus points since Obama took office.