Quote:
Originally Posted by Phanuthier
Yeah, and aren't most of these computer operated althorithms triggered by hedge funds / options? What does that mean to the Nov 30 deadline you were talking about?
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Well this is where things get ugly...once we break through that 9k level of resistance (that seems to be there) no one really knows where that next level is. I have heard speculations around the 7-7500 mark, but really predicting that type of thing is impossible.
Of course it could be all a giant moot point....we could just hang around where we are for the next month or so and then rebuild.