I just found it interesting that since this low of Oct 9-10, 2009 the Dow has:
1. Rose then dropped to 8.1K on 10/27
2. Only to rise to to 9.6k on 11/4, Election Day
3. Drop to 7.6k by 11/20
4. Rose to 9.0k only to drop back to 8.0k this week.
Unfortunately, the collateral damage has started. I can’t see how the Dow can stay above 8.0k any longer and test the 7.6k low on 11/20/08. Even the Dow seems not only possible, but probable to be in the 6’s.
