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SPDR Dow Jones Industrial Average ETF Message Board

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  • tax1099nc tax1099nc Nov 15, 2008 12:59 PM Flag

    BUY 85 by close this is a key reversal

    I doubt the 3000 DOW ( unless a REAL depression).

    Testing 7500 yes..that is VERY possible....buyers are steping in at 800 Down and 800 SP500.

    CO are cutting staff...putting of capital projests...bad short term...VERY good long term.

    I see no strong up here....very slow climb up from either the current OCT low or a new low of say 7000 DOW. Far to much Gov interevention for the 3000 DOW.

    I see lots of Monster Inc posts now...flip side of what people said about Yahoo when it was 150.00 a share.

    Bears will die...just like Bulls.

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