Sorry for the limited posts in the last couple of days but I have been extremely busy. Basically my markers here in the market are the all important banks but I believe another leg down on them will next bring down the technology stocks like GOOG and AAPL. Keep an eye on them folks, note that BAC has broken the $15 level lower and it should break the next level 14.40 very soon also GS $150 level is important and they should give this level a good support level before it breaks down.
Now I must take note by saying , I dont think this downdraft is the ultimate down draft but I do believe the path of least resistance here is lower short term.
Stay tuned
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