woeful tuesday, page-112

I think the eradication of you know who may be the only thing that will stop our market moving lower at this point....especially since at the time of writing this the Dow futures are down 220 points....

My view is that it is the correction that was bound to happen....and given the time of the year people will be looking to offload their losers to offset the gains from their winners....

The sooner its over and done with the better but I cant see any real improvement until at least the end of July which if I recall ties in with the turn dates mentioned by other posters..I haven't got a clue about these BTW...it's all double dutch but that's a failing on my part:-)

Of course there is no way to really know where the turn is when it is happening..these things are always clearer in hindsight....


The chart below is only a possibility....not an absolute:-)