
The last few months after the Lehman Brother crisis has been pretty violently peaceful. The market is trading in a range between 800 to 900. However, the trend is getting weaker with a descending triangle formed. There is a high chance the 800 point will be breeched and we will visit the lows seen in Nov. If a bounced occurs, it means that the market has found it's bottom and 750 should be the absolute bottom. If not, prepare your funds, it's time to buy as this will probably be the last wave down.
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