Options Wonderland

[yayaa]

Good My 12845 held and bounced today,I would be very careful here looking for confirmation myself. I am following this line of thinking and being patient.

After the Dow Industrials rallied 148 points early Tuesday, stocks reversed sharply, and are down mid-day, the Industrials a mere 85 points from generating a new Primary Trend Dow Theory Bear Market "Sell" Signal. The last time this occurred was September 1999, which was followed by a three year Fibonacci 38 percent correction. We are at a VERY perilous level here looking for direction my friend.

I say again if that 12845 is not breached 08 will see a mega bull market. Just my opinion,geo-politics withstanding,...