Tanking

Date: 2008-11-20 10:03 pm (UTC)
After two days of falls, one might think that the markets are due a recovery tomorrow, but I have a horrible feeling that we are going to see a real tanking. Resistance levels on the downside have been breached. There isn;t a soul in the US or the UK who wants to take an overnight position, let alone an over-weekend position. 3500 in the UK and 7,500 in the US? Quite possible.

PJ
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