Dow Jones EuroStoxx 50
Started by
nicolasillo
, Jan 31 2009 04:03 PM
3 replies to this topic
#1
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
#2
zman
-
- Traders-Talk User
- 1,215 posts
Member
Posted 31 January 2009 - 05:28 PM
yep we closed below the 200ma on the dow...my gosh we are in trouble...all these companies who are in big debt are going bye bye...say good night alice...all the so called money on the sideline cant protect us now...can you say dow 1-2k?
Education is the best defense against the media.
#3
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
Posted 31 January 2009 - 05:41 PM
yep we closed below the 200ma on the dow...my gosh we are in trouble...all these companies who are in big debt are going bye bye...say good night alice...all the so called money on the sideline cant protect us now...can you say dow 1-2k?
I do not really know, charts look very bad, but then you have all these efforts/news to try and save the situation, who knows....so I cant say Dow 1-2K yet. Maybe for a starter I would say something like 5000. Then we can have a big fat rally
#4
zman
-
- Traders-Talk User
- 1,215 posts
Member
Posted 31 January 2009 - 05:57 PM
yep we closed below the 200ma on the dow...my gosh we are in trouble...all these companies who are in big debt are going bye bye...say good night alice...all the so called money on the sideline cant protect us now...can you say dow 1-2k?
I do not really know, charts look very bad, but then you have all these efforts/news to try and save the situation, who knows....so I cant say Dow 1-2K yet. Maybe for a starter I would say something like 5000. Then we can have a big fat rally
what would be scary is if we get below dow 7500...cud easily head for 4-5k in no time...this is a very scary time right now...for the first time I mean I am really scared what could and might happen
Education is the best defense against the media.
