9/3/08
Yesterday the major indexes were withdraw all the gain they had which already told us it was going to be very bearish. Normally, the recent pattern is up after 3 down days in a row. But if we really are looking detail in daily chart of Dow & S&P. We could find out each downtrend started by a determined downward day like yesterday. This Friday we will have non-farm payroll data which would be again ignited another sell off?! I am here to say our intermediate tops are reached as yesterday highs. Be careful, folks, another leg down may be on the way soon. Good luck!
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