tag:blogger.com,1999:blog-2335748440449035592.post97349286458849299..comments2008-11-06T15:52:58.861-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-1388935476044055912008-11-06T15:52:00.000-05:002008-11-06T15:52:00.000-05:00I&#39;m definitely looking for 2002 lows to be retested by 1st Q or so 2009. That would be S&amp;P 770 or so which looks to be equivalent to DJIA 7200/7300<BR/><BR/>If that breaks, support is very iffy.<BR/><BR/>If 2007 = 2000, 2008 = 2001, and 2009 = 2002 - then 2010 should be a great year to invest ;)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-4886850993731373132008-11-06T15:49:00.000-05:002008-11-06T15:49:00.000-05:00I wouldn't be too surprised to see the Dow below 6000 before this mess is cleaned up. Keep your powder dry. There will be plenty of buying opportunities much later.seadoghttp://www.blogger.com/profile/16522005472568496860noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-67537715158955697742008-11-05T19:08:00.000-05:002008-11-05T19:08:00.000-05:00Joe Terranova guesting on 'Fast Money' attributes the daily volatility and sideways direction of the market as the lack of large fund investment. His thinking is that the little investor is jumping in and out and the lack of large dollar amounts results in these daily mini-spikes. <BR/><BR/>Someone else... can't remember who.. suggested that large funds won't be back in the market till the new year and to expect these movements till then.<BR/><BR/>Just about everyone expects a retest of the lows at some time soon.. <BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.com