Stocks plunge

Discussion in 'Stocks' started by buy fruit, May 8, 2010.

  1. According to technical analysis to predict the Dow Jones fell.
    4/23,4/26,4/27 Evening Doji Star.
    4/29,4/30 Tweezers,Engulfing patterns.
    4/9~5/4 S-H-S, 11000 is NL.
    5/4 Through the MA(25),The best selling point.

    Attach file is Photo Caption.
     
    • dow.jpg
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  2. muller

    muller

    Good analysis.
    Looks pretty bearish. Though the longer term MA offers some support.
     
  3. [​IMG]
     
  4. i don't know when we're going to see the dow climb back to 11k.

    i don't mind though. i'm long on "qid." :D
     
  5. I think that any support needs verification. So we don't know where it is.
     
  6. i think support is right round the 9.9 - 10k range.

    just my discretionary analysis. no charge:D
     
  7. masonyes

    masonyes

  8. MattF

    MattF

    I like this though...

     
  9. Stocks are in a stable downward trend. When out of the bear market is not known. We can only wait and see.
     
  10. For this analysis, do you have any comment?
     
    #10     Jun 17, 2010