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ganman

11/20/08 4:47 PM

#179532 RE: iconoclassic #179531

geez..looks like a green centipede tripped....
there should be support in the 7400 area..lets see if we can gap through it tomorrow.
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xZx

11/20/08 8:30 PM

#179567 RE: iconoclassic #179531

icono, thank you for the chart. we've reached a point in this market where TA and fundamentals have taken a back seat to fear. for those with a strong stomach who can set logic aside (who in their right mind would buy now?) and dollar cost average into this beast, there will be greener days ahead, but anyone making big bets right now is probably going to get whacked.

one bright spot for the moment is futures are up:

http://www.bloomberg.com/markets/stocks/futures.html