DJIA 0.31% 26,683 dow jones industrials

dow looks terrible, page-32

  1. 7,396 Posts.
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    DOW big drop coupled with massive volume equal to August capitulation can be seen as a short term Bottom. 29 out of 30 DOW components fell leaving only Coca-Cola to register gains as the punters bet on Yanks to consume more Coke instead during tough times. Now CITI Bank is trading 65% off 12 months high, Wachovia 70% and Washington Mutual nearly 90%, many will begin to see value even in Financials. Oil will begin its journey down hill and the markets will recover. ASX will start low ending up green and the DOW will have a month long run.
 
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