Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
— Marcus Aurelius
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Thursday, October 23, 2008
DOW JONES - bottom coming
Looking at the chart, looks like this steep descent must end soon (relatively speaking) could be another 1000 points away !! But worth bearing in mind...an all out panic/ washout - call it what you will - would be good for a start and a decent "tradeable" rally. Another plus would be when CNBC reporters stop trying to pick bottoms!!
BE NIMBLE!!
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