See the Dow got another smacking last night. Maybe the Yanks didn't quite buy China's measures
to prop its market. Our market escaped the 400 point flogging the Dow took on Thursday and now it's added a
a 200 point drop last night. The last time the Nasdaq lost 8% in 4 days was in 2000. It then bounced back to
its top then went into freefall. The tech market has a lot more substance now then it did back then but there are
some obviously overinflations in it. It looks to my untrained eye like the Dow is testing a support level. On the
yearly chart I don't really like the flat top and the way it's rolling over. You wouldn't want a black swan event to come
along any time soon because the waters look perfect for it. Sorry for being so optimistic Still, there's always
silver and gold.
Still, there's always
