>>>>>>>>>>>>>>>>>> I think this Nassacre is led by the Dow, not the Naz (note that the Dow has already breached the Phase I expected low of 7490 by 100 points) <<<<<<<<<<<<<<<<<<
Zeev,
if the Nassacre is led by the Dow, and the Dow has already breached its expected Phase I lows. Isn't possible that the Phase I has already finished, and what we are seeing now is the "short but violent rally" between Phases I and II of the Nassacre?
Just playing Devil's advocate here...
Huluriasquias.
(PS: I know that anything is possible, but what probability you assign to it? <g>)