dow looks terrible, page-35

Unsinkable,

"only around 300 points off recent lows of about 11500, if it breaks this then head for the hills"

Actually the dow has not "visited" 11500, the lowest low recently is 11634 on 22/1/08 and was an intra-day low with a close at 11971.

The close on 10/3/08 at 11740 is to me much more significant as there much more price action around that number.

Thus we are much closer than you might think, less than 100 pts...as i said in my post up thi thread I expect the market to test it and to see if the bulls and hold it there.

If 11750 does fail..11000 looks the next levels of support.

Cheers
Muzz