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  #3 (permalink)  
Old 10-28-2008, 04:31 PM
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Technical_Indicator Technical_Indicator is offline
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Default Re: Possible 1 thousand point dow run in one day

Quote:
Originally Posted by MMASSASSIN View Post
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.
It appears it's not a dream but a GREAT prediction, if you have not been watching MM's posts then now is a good time to start...

It would appear that MMASSASSIN was on to something here, great call buddy - 3:30pm DOW up over 600 points!
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