DJIA 0.31% 26,683 dow jones industrials

will the ppt kill our short ... , page-3

  1. 5,822 Posts.
    Hmmm ... things just go from bad to worse ... analysts and senior economists predicting more doom and gloom. Having called the SHORT at 13000 we still think the negative bias will continue. For those fully HEDGED as yer all should be, time to beging looking for bargains.

    Second chart shows trendline breakdown at critical psychological 12000 and capitulation.

    Short covering, tax loss selling, program traders and fundies cashing to fund redemptions is causing major damage to market cap ... let alone fundamentals and energy costs.

    DOW Futures down -40 and next test for BEARS is 11000 ... at some point the PPT will intervene or maybe they did already in Mar-April ???






    Cheers ... tight stops.


    This is only my view ... read the black stuff.
 
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