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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (429641)10/23/2008 8:18:23 PM
From: steve harris  Read Replies (1) | Respond to of 1572847
 
Jim,
I know you and I dabble in the charts, I thought you'd get a kick out of this...

cnbc.com

"Cashin said if stocks break through the lows of October 10, they could go sharply lower with the Dow possibly plunging to a new bottom in the low 7000s. If the October level is tested, and the market holds, Cashin said it could be ready to rally."

Translation:
If the market keeps going down, it will keep going down. If it stops going down, it could be ready to go back up....