User 244491

Weak Dollar Bodes Well for U.S. Economy

Put your money where your mouth is,don't teach real life investors how to make money,statistical economics have to do with markets what you have to do on Mars.
Dow Jones is going soon to below 10000 then immediately sits at 9000 then stays in the dangerous zone till December as mutual funds will start to sell to pikers fantastic valuations reports and all media channels will deliver it to investors on a timely basis as fund managers have their yearly bonuses and job at stake,when investors finally will jump the ship,this combined with unloading Dow Jones,SP500,NASDAQ holdings by funds that bought it at 9000 to unload it to investors and when their wish will not materialize as investors will flee the sunking ship,Dow Jones can start to move to it's important support at 7000-7500 in the first quarter of 2009.And this target will be reached as algorythmic trades will enter the sell side immediately and start to hedge their unhedge positions,this will increas volatility VIX,XO,VXD to levels higher that previous highs and we will reach the target at 7500 for DJIA.Then everybody wil cover his short positions and that will bring DJIA to 8500 probably but it will not change the bear market from testing some new deeper lows.
I may be wrong in my opinion only in one case,if DJIA will fall in one day 2000-3000 then God save America.
Don't trust nobody as bear knows no fear,trust your killer insticts only.