Friday, April 24, 2009

Next leg down


The Dow Industrials have reacted appropriately to trendline resistance.  As long as it does not move above the red line, it should make it's way toward 6000.  It will probably take 6-8 weeks.  TWM (now at 54.47)  and SDS (now at 67.19)  are good inverse funds to take advantage of the impending drop.  


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