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To: Jibacoa who wrote (1995)	10/19/2007 4:03:32 PM
From: Jibacoa	Respond to of 3722

Well, it seems that curbs had to be put in after all.<g> But the DOW is closing down only 373 points & still above the 13,500 level. Now it seems better to wait & see what will happen on Monday.<g> bigcharts.marketwatch.com Bernard

To: Jibacoa who wrote (1995)	10/20/2007 1:15:14 AM
From: tnsaf	Respond to of 3722

>>the market action on Monday seems to be the one to watch according to some people.<< That makes some sense because Oct 19, 1987 was a Monday after option expiration, as this coming Monday will be. Jason

To: Jibacoa who wrote (1995)	1/15/2008 5:07:47 PM
From: Jibacoa	Read Replies (6) \| Respond to of 3722

The DOW wants to retest its Jan9 L of 12431, which was below its Aug16 of 12455 bigcharts.marketwatch.com It could get to test the 12000 level, which would be some 500 points below today's close & 2279 points below its Oct 11 H of 14279.<g> It had an almost 100% run from the 2002 L to the Oct2007 H. The "correction" from the Jan2000 H of 11908 to the Oct2002 L of 7177 was of 4731 points or 39.73% from the H. If we get the same % "correction" from the Oct H of 14279 it would be of 5673 points, or to the 8606 level, but if the "expected recession" doesn't get as bad as many people think, the gold starts to come down below the 900 level & the "correction" is only of 30% then it would be only a drop of 4284 points from the Oct H to the 10000 level.<g> bigcharts.marketwatch.com At any rate, it still seems better to keep the powder dry, just in case.<g> Bernard