Replies to post #2363 on The New CS Board

[ahimsak]

Your charts have lots to think about. My Uncle says depression already started in 2008, and will continue till 2014 or even 2016. The weekly leading indicators turned down 2 months ago, same as they turned down right at the high last year. The market can rally short term even in the worst bear market.

For me, if we can break 1340, then 1400 is likely. Otherwise, we need to go down one more time before we get a solid bottom.