Weekly Review: Dow Down 430 Points
By Alex • Feb 14th, 2009 • Category: Stock Market Analysis
The Dow had a pretty bad week, dropping 430 points on slightly above average volume. As you can see on the chart, the Dow pulled back slightly, but is on its way to a new down-trend.
The bailout might be a market booster short-term, but I think that the more time that passes the more things we will find in it and, ultimately, the more the market will dislike it.
If the market falls below the 7500 mark on above-average volume, get ready to short!
Alex is wants to ask everyone to please check out my new blog at MySarcasticMind.com! Thank you!!
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