Dow 9500

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Oct 6, 2008 1:17 pm

Dow has to hold 9500 or we are going to see a free fall over the next week to 7800. Hold on to your hats!

Oct 6, 2008 1:44 pm

Jamesbond …check out the drop on the TSX in Canada.

Oct 6, 2008 1:46 pm

Norway, save us the trouble.  What’r the Cliff Notes?

Oct 6, 2008 1:54 pm

Misery love company.  With commodities being hit it does somewhat skew the decline. Still not a pretty sight.

Oct 7, 2008 4:59 pm

Here we go.

Oct 10, 2008 2:30 pm

We hit 7882 and bounced. Looks like we are going to have consolidation around 8200. Lets see if it holds.

Oct 10, 2008 3:29 pm

Funny that the title of 9500 looks high now.

Oct 10, 2008 5:41 pm

Bond…the answer…no, it wont hold for long…throw out the tech…and go with the fundamantals…no money=no credit=no business

Oct 10, 2008 9:00 pm

Tech analysis is by no means the be all end all, but it has served me well over the years. A lot will depend on this weekend with the G7 meetings as to what transpires next week.

Oct 11, 2008 6:19 pm

that is your opinion. You either don’t understand how to use it as a tool (and like anything else is not 100% correct), have no method to managing money other than what the mothership tells you what to do, or are a mutual fund jockey. Use what works for you and your clients. There is a reason most firms employ technical and fundamental analysts.