dow 10000, page-24

I would be looking more closely at DOW 10360 or SPX 1126 which equates to the 50% retracement level.

I still have an SPX trendline running from the July 07 high intersecting with the peak in May 08 which looks like it will be interesected in the next day or so, right now the trandline is sitting at 1101. (sorry cant post a chart from work), but if this trendline goes then I would look to fib lvels for possible resistance and postentially the true beggining of a new bull market.

Either way, I will take a short position in the SPX at around 1100 and see what happens!