Dow almost down 500 pts now

CFA General
#1

So much for the bottom.

#2

I think this is the support we broke and either Friday/Monday, we will see a bigger drop on huge volume!

#3

700 now…nice.

#4

Dow will be at 7000 very soon. Yuck.

#5

Yeah Monday was a classic pump and dump scheme to entice new bagholders.

#6

louisvillegrad Wrote: ------------------------------------------------------- > Yeah Monday was a classic pump and dump scheme to > entice new bagholders. then how do you explain the light volume today?

#7

Light volume is indicative of a continuation pattern. Once we break support/resistance, there’ll be a significant spike in volume!

#8

lol…watch out you traders – your MACD’s are crossing!!!