i'm happily on sidelines
my targets for DOW was 11750, if broken (which it was) 11000. target for FTSE 5400 (not yet reached but probably will).
I closed out this morning, was a case of taking the money and running for the hills .. didn't feel like waiting just to see in the off chance there is a sudden reversal rally and i lose it.
i think tonight is a lottery, we've seen a lot of selling pressure consistently for the past few weeks, even during the rally's. was a very telling signal last weekend when DOW fell, and did not recover on monday.
It may gradually fall to 11,000 - but who knows. one thing for sure, we're in a bear market!!
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |