AGM australian governance & ethical index fund

the dow will continue south

  1. 594 Posts.
    The Dow will continue its downward trend and will hit 12000 by the end of November.

    Why? Because there are more forces pushing south then their are positives in the market.

    August was just a warning shot. This is the one that the markets had to have.

    And yes the Hang Seng did nearly finish in the red. It must have been the lucky number 9 or the day of the golden koi for the Hong Kongians to not worry about what was happening in the rest of the world, that was until late arvo , Hong Kong time when they started looking at futures charts, and the major down announcements that were due out in the USA.

    And finally , the dow will drop more, as the LME players sent nickel up in a very down day so to have leverage next week in what looks a very gloomy week ahead indeeed.

    CASH IS KING RIGHT NOW.
 
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