Replies to post #35363 on OracleTrading

[StockDR420]

OUCH BRO, WOW this is just plain not good......

[Specalculator1]

that would be the biggest retrace we ever saw..geesh..

now on a positive note, what kind of opportunity would that create?

remember the old adage: " every adversity, brings with it the seed of an equal or greater benefit"

[Go-Gold]

That guy is wrong more than me,its time to go long; buy calls!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[riskybiz1]

Cash helmets, actually I think it could go lower.

[bowonwing]

Looking at $INDU monthly chart: support at 10,000 (3/05);
about 9,700 (10/04, this is a huge support area);
if 9700 support breaks 8,000 (7/03) to 7,500 (Q2-03).

Holding above around 9,700 is the key right now.
These are all general support levels, + or - 100's of points.