chartsmaster

A Matter Of When, Not If

Short
DJ:DJI   Indice Dow Jones Industriel Moyen
Today's short squeeze rally just delays the descent to new lows. The rally has very little upside left after gaining almost 500 points. It wouldn't surprise me if we do almost nothing for the rest of this week. Next week, with the new month and quarter the decline should resume and the Febuary lows will be taken out. The question is when, not if, and if in a slower, more measured decline that takes considerable time (bear market) or an accelerated free fall (crash)? Get out if you didn't already, stay on the sidelines and enjoy the upcoming hollidays! Chartsmaster
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