Wednesday, September 17, 2008

Resuce AIG fail again

9/17/08

The bottom called yesterday has proved wrong but I did say we need to see follow day action to confirm. Apparently, market is totally in panic selling today. Are we there yet? Not today, I expect an intraday reversal on a very sharp down day to mark a bottom. The target maybe possible 10300 or 10000 mark. Did anyone remember I said long term we will see 10000 mark?! It is happening now. Technical is giving me all the information so I know this would happen few months ago. Let see if my guess is right again or not.

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