long term chart for the dow, page-9

""personally i don't see this recovery as being a "V" shape, more likely a "W".

when that correction happens who knows, but i suspect it's not far off.

in my books things aren't as "peachy peachy" as the market suspects.""

the recent (bear) rally wasn't supported by "volume" a key ingredient in any sustainable rally.

i think it shows the BIG money sat on the sidelines not convinced that the house was in order.

the push upwards in July in my opinion was speculators taking advantage of momentum.

compare the volume with the March rally against the July rally.