28-Nov-08
Market Reset
Dow will fall down to 7,500 then go in between a 38% retracement 7,500 to 10,027 then falling back down and breaking 7,500 and the 7,200 to go to and or below 6,000
There after the market will begin to RESET!!!! The volatility index (VIX) reaching above 100. after which topping out and after the RESET has happened the volatility will then drie up to an unaware % of below 10% which then will complete the RESET. After the common stock RESET happens the investor will begin to invest Long, long term!
What to look for when the market tops
1. Short the Dow after top
2. At same level short the Rail roads csx, nsc, bni only after the retracement inbetween the 38% move.... ref back to notes e>
Tagged Stocks: AAPL, C, DIS, F, GE, GM, GOOG, IBM, MSFT, T, WMT, X, NSC, BBY, BNI, CSX, QCOM, DIA, SPY
Posted at 04:00 in Market Report | Permalink | Comments () | Top
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