Monday, October 06, 2008

How LOW is LOW

Its now 2pm, and the deterioration continues past 1pm

Expecting the dow to close at 9550 & spx at 1005-1010

Tomorrow can rebound with great vigor

Wed nesday is not as strong a day as it has an important low due @ 11;30, but can take off from there.

that leads us to the 9th & its 55 tr days from jly23rd High & 110 tr days from May6th high. should be short term HIGH.

the 10th looks ROUGH and leads to the Full moon low of the 14th.
Lower than TODAY??
I dont think so.

Jay

1 comment:

  1. Anonymous6:00 PM

    you've really nailed the market for the last two weeks, impressive !
    :-)

    kind regards,
    Oscar

    ReplyDelete