beware the dow is at 10,000

Posted on October 14, 2009 by admin .

With every major crash in history the market has always had a 50% recovery before it crashes again, now we are at 10,000 points on the dow and the 50% percent retracement mark is set at 10,400. I have personally used gann lines and fibonochi lines to depict where this next crash is going to end, and according to my analysis the dow will be sitting at about 4500 points by august or Semptember to end a big wave three down.