Wednesday, October 17, 2007

Bear 1-0 Bull


Oh, Wat a goal! Dow dropped a hefty 367 pts last nite! That's the third largest drop this year in "celebration" of the 20 years anniversary of the Black monday( 19th Oct 1987). It broke the major support at 13600 with high volume which signifies that it may not end so soon. However, there should be a small technical rebound b4 it goes further down. It should provide the oppportunity for some investors to cut some loss. Nevertheless, I dun expect a correction as deep as the one in August. Keep ur seatbelt on! The match is not over yet!


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