Getting closer...but potential significant room remaining on the downside. Take a look at the 2 day chart of the DIA to see the market got shoved down after hitting the 11,135 resistance from the day before. The 260 pt reversal yesterday was enough to chase out a lot of shorts...but today we will be right back to test yesterdays lows.....with a continued dip down to below 10,500 not out of the question by anymeans over the coming weeks. The surge in volume yesterday represents a selloff EVERY time there was a buying spree...nothing more than selling into strength...an amateur trap!:)
I told ya so. Too bad you thought I was wrong and could not make money from my advice. It's not to late though. You can still make 1000 points from here but you must act NOW! No balls no glory! You will most likely call me names and say this is a great op to short sell all the way UP through the next 1000! hehehehe,heheheeh,hahahaha!