Bruce, I believe, from a technical analysis viewpoint, you have drawn the major line in the sand: 12,800 on the Dow Industrials. If the Dow can penetrate and hold above that number for five or more days, I would say the bear's back is broken. My personal believe is that all the bears are laying a trap for the bulls and will carve them into steaks from this level. I believe we will see 10,000 on the Dow before we see 13,000. My tickets to watch this epic battle are already purchased: SKF, the UltraShort Financials that goes up when the financials go down. Get ready to rumble!
The Bull Is Sharpening His Horns [View article]