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mick

01/17/08 8:11 PM

#48 RE: SMF Trading #46

o.k., i'm reading. i see 1999/2000 ... jan. ,2000 was the last one looking this bad since bush took da oval.
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mick

01/17/08 8:52 PM

#50 RE: SMF Trading #46

from jan.2003 til about sept.2007 " i see five point of interest. the five wave peaks ascending trendline."

now in huge decline since second fall from 14-k area. so double top breakdown imho.

to stop declining for now, dow 30 will need a huge volume reversal day.

but dow 30 may have to drop 500/600 points in one day for a complete reversal. imho

from the dot com crash it almost took 3 years to reverse clinton era last two years which he didn't nothing to turn declining markets around.

i see bush drumming in middle east for help which liberals didn't do for dot com crash.