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Jan-08

17

Where to now, oh Dow..?

By Flashy

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The drama builds…in the micro view.
dow down 1 yr Where to now, oh Dow..?

One suspects there is plenty of room to fall…whence viewed in the macro.
dow down Where to now, oh Dow..?

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Categories : Economics, Finances

Comments

Cantankerous says:

1/17/2008 at 8:08 pm

Not to worry my feeble friends. The two parties are coming together and offer a stimulus package.

US Fed Chief Endorses Swift Stimulus Package
Voice of America - 6 hours ago
By Michael Bowman The head of the US central bank says America’s economy is slowing and that a short-term economic stimulus package would be beneficial to …
Bush, Bernanke Support Stimulus Package The Associated Press

You see, we can spend our way out of recession!

Reply
BobZiller says:

1/20/2008 at 2:36 pm

IN the technical analysis field this would be close to a heads and shoulders top which indicates the start of a major downturn. Sell short.

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