Keeping fingers crossed for a healthy close under 13k and a nice breakdown between 3-4. No reason to get cute on the next intraday dip below 13k again
all Banks, Commodities, oil and some tech are in reds.. i dont think there is a bounce today...HPQ is also down before earning..
Would like to see some heavy institutional selling in final hour today. How about a serving of nice tender black bear with that turkey?
i think the 'buy the dip' crowd is starting to fade ... doesn't look too promising ... see you all at DOW 12600
go a bit lower than that, I think the dow falls past August 16th intraday lows. My opinion is that the dow sells off under 12500, starts a mini rally from there, tops I see is 13500 end of 2007, there will be no new highs in 2007.