SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (79366)2/27/2007 11:56:50 AM
From: westpacific  Read Replies (2) of 110194
 
Not so true.....

What we are seeing today is this.

INDU - weekly chart.

MACD bearish crossunder.

Everytime since 2003 this has happened the DOW has lost 1000 points.

12488 close below and this is where we are headed.

We have had 3 of these since 2003.

So watch 11802 and 11562....now that had better hold!

But this could also be something even bigger than 1000 points........
-subprime blowup
-China trade tensions
-Iran?
-Dollar
-Yen Carry Trade

Take your pick.

West
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext