The sky is falling!!

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  • sixfeetfour
    replied
    DOW busted below its 50 dma – 16,144.
    Last time if came close to the 50dma was Dec 12 2013. Last time it dropped below the 50dma was Sept 26 2013.
    Last time it tested the 200dma was Oct 8 2013 Last time it dropped below the 200dma was June and November 2012.
    Current 200 dma is 15,433; 100 mda is 15,743
    Will it find support or is this the correction the bears have been waiting for, for 2+years?

    Leave a comment:


  • Duniyo
    replied
    Originally posted by mrmarket View Post
    Who's very afraid?
    Luckily, I changed my mind and sold my TSLA, SAVE, SYNA holdings, UNP is holding it's weight nicely. But few of my other picks are down 5%+ . If the Market bounces I will head for the exit, else I am stuck holding few heavy weight bags.

    Leave a comment:


  • mrmarket
    started a topic The sky is falling!!

    The sky is falling!!

    Who's very afraid?
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