On December 3rd of 2008, I wrote a blog post entitled, "Waiting for the other shoe to drop." Well today another shoe could fall if we break below the the levels listed below. You can see more on this based on my last video. See here.
Many experts have been predicting that we have made a low in the market. I'm not so sure.
Key levels today: S&P 500: 878.94 DOW: 8,221.00 NASDAQ: 1753.78
The fact is, we are probably still in a bear market and bear markets tend to be very different from bull markets. Bear markets just claw you under and sink under their own weight.
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All the best,