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Wizard

07/02/09 6:54 PM

#202258 RE: Rawnoc #202047

Looks like that theatre has been shut down, along with the seven banks that were closed today......

Dow 7500 baby, coming to a closed bank near YOU....


BREAKING
NEWS

Regulators shut seven more banks. Closures for 2009 reach 52, more than twice as many as all of last year.

Wall Street gets pummeled after June employment report. Dow, S&P 500 and Nasdaq all down sharply. Job market takes turn for worse.
Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%.
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Wizard

07/07/09 1:26 PM

#202530 RE: Rawnoc #202047

Dow around 8250, key support level. If we close below 8250 today (or in the next few days) then there is no support until 7750.

8250 must hold for the uptrend to resume.