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To: andy58-in-nh; rabscuttle385
The S&P is hanging onto it's last shred of support by its bleeding fingernails.

Below this, nothing but air.


14 posted on 02/27/2009 5:56:12 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Travis McGee

Pretty much. Watch what happens as the health care and pharmaceutical sectors get pounded in anticipation of ObamaCare, and as defense/technology contractors scale back as it becomes evident that there will be wholesale cancellations of military hardware contracts and absolutely no hope for multi-year procurement.


18 posted on 02/27/2009 6:01:44 AM PST by andy58-in-nh (You have enemies? Good. That means you've stood up for something, sometime in your life.)
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To: Travis McGee
Below this, nothing but air.

Same with the DJI. Check out this long-term chart. I keep trying to find solid levels of support but see nothing until 1000 (1965-82), as outrageous as that seems - for now anyway.


33 posted on 02/27/2009 7:01:06 AM PST by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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