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To: mutley

The technicians are pushing for at least a 10% drop from the Dow’s high, so around 12,600 or thereabouts. We’ve not quite made it there, and maybe we won’t today. Phil Dow, an old hand, sees a standard bear developing, so he’s looking for 20-25% off the Dow high before we’re done. I’m not sure, because, as you know, the market fluctuates...(grin)


10 posted on 08/16/2007 6:47:58 AM PDT by snarks_when_bored
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To: snarks_when_bored
The technicians are pushing for at least a 10% drop from the Dow’s high, so around 12,600 or thereabouts.

12,780 at the moment, and I think we'll hit 12,600 this week. Or at least, I wouldn't be surprised if we hit it.
15 posted on 08/16/2007 6:54:10 AM PDT by mutley
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