http://www.youtube.com/watch?v=w84EiCt0Lqk
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Yesterday Tim Knight's "Slope of Hope" video mentioned that Elliott Wave International has pointed out that during this entire bear market so far the Dow has never closed below 8000 more than one day at a time. So if it does so in this test, then that will be a first and we'd better perk up. Tim asserts that if it happens, that will be the catalyst for the plunge and then the next bear rally.
http://slopeofhope.com/2009/02/02/th...of_sub8000.htm
Lady
Looks like the Dow would have to close up 64-points today to avoid that.
Doesn't look good, that's for sure.
Jimmy! It's been a long time right? What country should we move to now since the growth story of China has collapsed? India?
More Peter Schiff in the news... (sigh).
Zacks 3/23/2009 video says "cautious optimism"
http://www.etvmedia.com/etv/Custom/Z...7&channel=1341
Lady