PS> Don't sell today! 10,000 is a very big psychological number. Just as we sliced through 11,000 a while back we shot back above it in short order.
The same will happen here; a big drop below 10,000 followed by a huge short profit taking rally. That rally is your last chance to get out before DOW 8000/9000.
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PS> Don't sell today! 10,000 is a very big psychological number. Just as we sliced through 11,000 a while back we shot back above it in short order.
Oct 06 11:50 am
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All Comments by John Pseudonym »Monday Outlook: Ascendant Fear [View article]
The same will happen here; a big drop below 10,000 followed by a huge short profit taking rally. That rally is your last chance to get out before DOW 8000/9000.