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Message: Now that we closed below the Oct lows

Now that we closed below the Oct lows

posted on Nov 19, 2008 11:13AM

We are on way to the next series of lows. The Dow closing under 8000 is a real signal we are on the next leg down ... soon to close under 7000 .... depending on how this round goes capitulation wise ... it gets hurt this time around ... we could go to the 4000's.

Of course the plunge protection team will probably stop the carnage at no worse than 6500 this time around. Yes I still wish to be wrong, so does Nouriel Rubini who somehow keeps getting invited back to CNBC .... probably mandated so that the market maniuplators can at least say there was no censoring of the truth ... lmao .... yeah right!

Anyways ... to those I said .15 could be tested ... I will be looking to buy! But not until it is under .10 and only if I think the ultimate capitulation is done ... going to 4000 might do it but the stoneheads in DC will probably again interfere in the market.

Orgy





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