financials hitting new lows, page-27

cheers red. i'm hopeless at picking bottoms. i really don't know at the moment. i'm inclined to think we're close to an important low.

imo, we're either almost there or if not, we may just continue on this slow torturous slide down into armstrongs next market low (whenever that is: is it 2011??). imo, the weekly chart suggests that if we go lower than the january lows, we have a pretty good chance of going MUCH lower as all trendline supports will be totally busted.