as much as i dont want it to happen, i have a gut feeling that martis is right.
the last drop of almost 500 points from 6700 to 6200(within 7 days) on the xjo chart should be ringing alarm bells for most short term investors. at the moment we have slightly recovered but thats expected. i would think the next fall will be quite a bit larger.
IMO i cant see the markets going up from here with all the negative sentiment around and they wont go sideways so the only other option is down :(
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