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Re: carl2591 post# 335

Wednesday, 02/18/2009 10:12:18 PM

Wednesday, February 18, 2009 10:12:18 PM

Post# of 8468
And don't forget that this market is once again peering over the abyss and CLNE is a speculative stock. I wouldn't want to be long any speculative stocks at this moment for that reason alone.

If the market dives from here(which I give a better than 50/50 chance), it'll drag this and all speculative stocks with it even more than the more established ones.

A long term chart of the DOW going back to the Great Depression shows the bottom of the trendline at just below 4000.

I'm pretty sure we'll see at least as low as 6000 even with all the govt efforts to slow the fall.

Good luck
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