Wednesday, 4 February 2009

Below 8,000

The DJIA closes below 8,000 for the 2nd time in 3 days. This is significant because the everyone is watching the 8,000 level to see if it can hold. I don't even think it is a question of if, but when will it happen. The market should continue to move lower in the month of February and March, bringing a new round of selling to the markets.

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