500 Trades to 8,000!

It seems that the Dow was a lot closer to our predicted 8,000 than anyone thought. Were it not for that “great” bailout news by the Fed on Thursday, prices could have easily sliced through 500 thin layers of support. Unfortunately, if you ask me I think that the risk remains and the fact that many suspect that the danger has passed makes it all that important to pay attention to.

Needless to say, I remain short.


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