30Jun/08
Prediction: Dow Jones Industrial bottoms at 10,800
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.
22Jun/08
The Dow Jones Industrial Index has not yet bottomed.
The Dow Jones Industrial Average doesn't appear to have bottomed out as of today.
The news that are coming are still not good and the technical chart all points to even lower market soon.
