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Politics : BuSab -- Ignore unavailable to you. Want to Upgrade?


To: arno who wrote (9142)8/10/2011 4:27:09 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 23934
 
geez! I didn't expect the rug to be pulled out from underneath the market so quickly.

I think we are looking at dow 10K again pretty quickly, where we would likely see a bounce. But I don't think we get real capitulation until we get down to dow 8400.

We are going to need a 1000pt down day to get capitulation.

This is a good time to be completely out of equities. The bear market rallies will kill the bears too.