The DOW plunged again on Friday night. First it started slow, then after that it plunged again within minutes! Scary. Fear is in the air. That's why the market just plunged as everyone started panicking and shortsellers are shorting aggressively. It broke the 50 MA boundary and my 200 MA was pointing that the DOW might go until about between 9400 and 9600 in the future. Isn't it scary?
Monday, January 25, 2010
Another Plunge
The DOW plunged again on Friday night. First it started slow, then after that it plunged again within minutes! Scary. Fear is in the air. That's why the market just plunged as everyone started panicking and shortsellers are shorting aggressively. It broke the 50 MA boundary and my 200 MA was pointing that the DOW might go until about between 9400 and 9600 in the future. Isn't it scary?
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