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Post# of 275591
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BuzzOnDaBeach

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BuzzOnDaBeach

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Re: MSGI post# 154991

Thursday, 03/06/2008 3:59:51 PM

Thursday, March 06, 2008 3:59:51 PM

Post# of 275591
I wish I had a buck for every "black" call we've tried to make over the last 6 months, lol.

We do need a capitulation day for a spring rally. However, we may not get it. PPT is protecting various levels every step of the way. This will result in a slow grind down that could last months.

11K will be tested with a possible impact low of 10,800. I think 9800 is a possibility on the dow if corporate earnings really decline. However, the weakness of the dollar will help larger companies with artificially inflated earnings due to overseas sales (like ibm had).

Buzz
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