Tuesday, March 4, 2008

Technical Alert: Dow nears January lows....

The Dow is currently down 200 points to 12,059.

On January 22 and 23, the Dow closed right at the 12,000 level. A close under 12000 would be very negative for the market.

The S&P is currently at 1310. That is exactly where it closed on January 22 and 23.


This is the Retest everyone has been waiting for....We need to hold up here.

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