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Old 10-27-2008, 12:53 PM
MMASSASSIN MMASSASSIN is offline
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Join Date: Aug 2008
Location: Miami beach
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Default Possible 1 thousand point dow run in one day

POSSIBLE 1 THOUSAND POINT DOW RUN .It seams the bears are running out of ammunition here, this could cause that sharp spike iv bee waiting for since last week. I still believe we can see and soon a thousand point dow intraday run simply because the sentiment has so many in shorts in this environment. a widespread short covering rally could become the biggest short covering single day rally in HISTORY. This is not a strait prediction I am casting here, just a possibility that I see as a very real one because of the current historic point drop we have seen. I am not making any new trades yet.
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