Monday, June 22, 2009

Right on schedule!!

As I wrote last week, I was expecting another big drop that will break 900 and I got it already by Monday (even before noon!) Not too shabby!

We are going to make a new lower trading range this week, the break of 900 will give us a good idea how far this drop is gonna go, we should eventually make new lows in the index during the early part of 2010, I'm not expecting major crash until then, but we should drift lower and lower throughout the fall and winter seasons, with minor bounces to keep those bulls salivating ;)