dow similarities oct 87, page-4

gloabal market crash, thing of the past... I am glad to see that the market is up at the moment. Looks like everyone believes there are no problems in the world...

Indian share market looks healthy, oil price at these levels will only help the global economic recovery, the US and general world debt levels are at such low levels they can be easily serviced (interest rates are not going to go up ever), there are no threats of terrorism looming in the world, the Middle East is at peace (along with the greater part of the world), and today I saw a pig fly backwards...

A close below 9850 on the DOW and then hold on. This will be a roller coaster ride that just goes straight down...

Mind you this is only my opinion. A break and hold above the 10,100 level on the DOW and we might delay this process a few more months...