Thursday, August 26, 2010

SO

So analysis of yesterday action was dead on. Where do we go from there. Well! My technicals are tell me the market is around 16% overvalued here. So at DOW 10000, that puts real value of the market somewhere around 8400 area. We surely wont die yet till be break down down below 1021 on the S&P is my prediction. We are close but not close enough.