The Dow did test the sub 8200 area twice today.. it held fine, Is it a bottom? wheres the big sell off.. capitulation? That already happened on Oct.10th.
The market should not be here, I called this the bottom the week of the 10th but we can't seem to move past these lows.
The selling volume is drying up.. less, and less everyday.. But the PROS want an exact bottom, And believe me they have placed a good one. They will try to push it down one more time.. Monday/Tuesday.. early wednesday?? JMHO
The Fund managers must have their sell orders in by Oct 29th? to get tax credit for loses this year.. Plus they must sell all positions under 5.00: as required.. And some type of bad news this weekend will be the cause.
After the push down they will drive it up fast.. I see 2000++ points or more gain on the DOW in a few weeks. JMHO
The PROS will push it up.. they the mm's/specialists/pros..must now push it up.. the traders are getting anxious.
*this is what i see* I see the biggest push down since Oct. 10th happening Monday/Tuesday I see another bank going broke this weekend, and more problems overseas this weekend being the cause for a low volume sell off like i said on monday/tuesday.JMHO
This will be an event talked about for years to come. JMHO
Get your buy lists ready, because everything will be on sale Monday/tuesday. JMHO
E* will most likely set a new low of 1.74: JMHO but i would place my orders if you are buying more, adding, or bottom fishing @ 1.84: *BUT* any buy here is recommended.. JMHO
I see the DOW going below 8000: monday/tuesday.. Maybe wednesday?? Then i see the market heading north fast *Late Wednesday*/Thursday/Friday next week. JMHO
This is fiction, like my other posts.. Do your own DD And like others post here.. Don't invest on MB recommends
Sentiment: Buy on Monday or tuesday. I am;)).
AI
