Most think we r heading for a 40% rise..LOLOLOLOLOLOLOL. I sit back on my snake leathered chair and laugh...What we have here is no capitulation on this bear of all bears..volumes on the most extreme down days, are light on a historical basis..But what stands before us, is a consolidation nothing more nothing less.. We r in a band of trading.. which will suprise many when it breaks to the downside..the risinge wedge amongst a complex head and shoulder formation, amongst a descending triangle, amongst a symm triangle that has had its apex re-tested..My fellow traders this consolidation has reached its zen and from current levels, give or take a few hundred points is doomed..ensuing a downard spiral that will be with us for the next 6 months ..a collapse that will see the dow at 5000..and ultimately DOW 1000.
