Tony there are a few dow constituents yet to report that wont be pretty , its not neccesarily the current earnings that will be bad but more along the line of forecast earnings going forward , the revenues of these companies will be halved or worse . these are big companies and have a large weighting in the DJIA . i think its probable we may test nov lows in first week of feb due to results from these companies. if we rally into these reports all the better imo . higher spots to short will be gratefully accepted .
