Just Another Blog
Tuesday, September 16, 2008
 
Watch Out for Falling

I'd be lying if I said I knew much about resistance, floors, and technical indicators, but it seems to me that with the Dow having fallen through 11,000 and the NASDAQ through 2,200 there isn't much support until maybe 10,500 and more likely 10,000 for the big board and then around 2,000 and 1,800 on the OTC side. We might well be falling for a while longer. My, how it warms the heart of a pessimist.