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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (81644)10/9/2008 7:10:07 PM
From: William H Huebl  Respond to of 94695
 
There is some great support at the 7400 level in the Dow 30 Industrials! And that goes all the way back to 2002.

And you said, "I don't think technicals make any difference right now--not if there are required redemptions."

And you may well be right. One way to tell, is if the next support level holds - if not, it is a LONG way down. But then, we would already be half way there, wouldn't we...