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 Strategies & Market Trends : Waiting for the big Kahuna

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To: rubbersoul who wrote (85175)1/20/2009 8:59:06 PM
From: GROUND ZERO™Read Replies (1) of 94011
 
The Transports closed under their Nov. 20 low today-- but Industrials, down 330 points, failed to confirm. Now the critical question, will Industrials confirm by breaking below their own Nov. 20 low of 7552.29? IF Industrials do confirm, we're looking at a continuation of the bear market.

Patience... we'll have confirmation as we continue lower...

GZ
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