Prediction: Dow Jones Industrial bottoms at 10,800

Posted by Investing Freak on June 30, 2008
Market Analysis

From the way the market has been swinging lately even with any recovery time, the dow jones industrial has yet to bottom a week after i wrote about how it had not bottomed. Over 500 points down later i still think the dow jones industrial has a long ways to go (with some rallies in between obviously).  I feel like I am too optimistic by calling a bottom at 10,800 because if President Bush and his best friend Dick Cheney start a war in Iran my bottom call will look stupid.

And here is an updated chart.

Dow Jones Industrial June 30 2008

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