djia : heading towards 6205, page-55

Hmmm - more like short term 5600 from TA...

At 6626 it's just taken out the title for the second greatest bear market fall % since 1885 (only beaten by 1932).

If it hits Guppy's 5600 short term target (even within the next 10 weeks) it will have declined to this point faster than the GD of 1932 and this looks pretty much on the cards to me.

ASX 2800 maybe to match? - who knows...

http://www.gold-eagle.com/editorials_08/lundeen022809.html (noting update required to decline % list to reflect this past weeks' action)

and

http://www.cnbc.com/id/29474077

Maybe Friday's Dow has offered one last chance to opt out before the next massive blood in the street carnage ride down. I'm tipping that will mark the start of a short term rally.

I hope this is wrong. (only declaring holding stock for the meager amount I'm now holding and they will belong to someone else on Monday night)