Quote:
Originally Posted by PaceAdvantage
Not going to see any sort of turnaround until we get some big volume days...we're at the point now where it's lookout below...and it's not going to stop until there is blood in the streets and panic selling ensues...
There hasn't even been a hint of a panic day...at least as I see it.
Is support at 3500? 3000? Somewhere around there, probably...that's my guess anyway...
Prepare for a couple of monster down days, coming soon to a market near you.
"Sell in May and go away..."
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first stop could be 3700 ( probably) we can only hope that is going to hold, if she doesn't hold i would start to take a good look at 2400 area and skip all the stuff in between.
