Thursday, November 27, 2008

Charts Predict: Dow 6,400 in Less than a Month

http://www.cnbc.com/id/27799264

Charts Predict: Dow 6,400 in Less than a Month
CNBC.com 19 Nov 2008

The Dow Jones Industrial Average is set to sink to 6,400 within the next few weeks, Nicole Elliott, technical analyst at Mizuho Corporate Bank told CNBC.

"Any moment now I think we're going to break lower," Elliott told "Europe Tonight."

"I expect this to be possibly before the end of November or very early December, I mean we're almost on our way now and it's just a question of how far down do we go," she said.

The Dow managed to close above its October low of 8,175.77 on Tuesday, but slipped below that level during the trading session. Market watchers are divided on whether the recent lows mark a base from which to rally, or a pit stop on the way lower.

"This is not a base at all, we're nowhere near bottom yet," Elliott said.

After the initial sharp slump the index could fall further, but in a more gradual decline, according to Elliott.

18 comments:

Anonymous said...

Incredible! This blog looks exactly like my old one! It's on a totally different subject but it has pretty much the same page layout and design. Superb choice of colors!

my blog :: The porn

Anonymous said...

You could certainly see your skills in the article you write.
The sector hopes for even more passionate writers such as you who aren't afraid to say how they believe. Always follow your heart.

my web blog ... click here

Anonymous said...

all the time i used to read smaller articles which as well clear their motive, and that is also
happening with this paragraph which I am reading now.

my page :: the Mia Lelani Big Titted Cunt Tormented Live Part 1

Anonymous said...

I'm not sure why but this blog is loading incredibly slow for me. Is anyone else having this issue or is it a issue on my end? I'll check back later
on and see if the problem still exists.

Here is my homepage: Lovely Teenie toying

Anonymous said...

Hi there! I could have sworn I've visited this blog before but after looking at some of the posts I realized it's new to me.

Anyways, I'm certainly pleased I came across it and I'll be bookmarking it and
checking back often!

Also visit my page video chat gmail - chatclimax.com

Anonymous said...

Greetings! Very useful advice in this particular post! It's the little changes that make the greatest changes. Thanks for sharing!

Have a look at my blog http://www.towasal.com/index.php?do=/profile-25985/info/

Anonymous said...

Great work! This is the type of information that are meant
to be shared across the net. Disgrace on the seek engines for now not positioning this post higher!

Come on over and discuss with my website . Thanks =)

my website; Vera gfaresh by slastyonoff

Anonymous said...

obviously like your web-site however you have to
take a look at the spelling on several of your posts.
Many of them are rife with spelling issues and I to
find it very troublesome to inform the truth on the other hand
I'll definitely come again again.

Check out my webpage; This Post

Anonymous said...

obviously like your web-site however you have to take a look at
the spelling on several of your posts. Many of them are rife
with spelling issues and I to find it very troublesome to inform the truth
on the other hand I'll definitely come again again.

Check out my web site This Post

Anonymous said...

Great blog here! Also your website loads up very fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my website loaded up as quickly as yours lol

Feel free to surf to my weblog - Interracial Porn Movies

Anonymous said...

I got this website from my friend who shared with me about
this site and at the moment this time I am visiting this site and reading very
informative content here.

Review my webpage read what he said

Anonymous said...

Hello there! I could have sworn I've visited this website before but after browsing through some of the posts I realized it's new to me.
Anyhow, I'm definitely pleased I stumbled upon it and I'll be bookmarking it and
checking back regularly!

Look into my web blog :: Run 1968 Hollywood Movie

Anonymous said...

Magnificent beat ! I wish to apprentice while you amend
your website, how could i subscribe for a blog website?
The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast offered bright
clear concept

Here is my web site: http://pornharvest.com/index.php?m=2084190

Anonymous said...

If you desire to improve your knowledge simply keep visiting this site and
be updated with the newest news posted here.


Here is my web page: nubile missy sweet happily fingers her sweet shaved pussy

Anonymous said...

A person necessarily lend a hand to make seriously posts I would
state. That is the very first time I frequented your website page and to this point?

I surprised with the research you made to create this actual submit
extraordinary. Fantastic activity!

My web site ... visit

Anonymous said...

Howdy! I'm at work surfing around your blog from my new apple iphone! Just wanted to say I love reading your blog and look forward to all your posts! Carry on the excellent work!

Feel free to visit my blog; http://pornharvest.com/index.php?m=2339572

Anonymous said...

Hello! Would you mind if I share your blog with my zynga group?
There's a lot of people that I think would really appreciate your content. Please let me know. Thank you

Also visit my website http://pornharvest.com/index.php?m=2084149

Anonymous said...

Do you have a spam problem on this website; I also am a blogger, and
I was wondering your situation; we have created some nice methods and we
are looking to exchange strategies with others, be sure to shoot me
an email if interested.

my blog post :: a porn tube