Dow closes down 186 points

[Cruzan]

Double top pattern -- failed to break previous all time high. Not a good sign. If it drops below 13,266 -- the June 7th close -- on Monday watch out.



Mapping Out the Bear Tracks

[A HERETIC I AM]

1. Well, this thread should be interesting

:popcorn:

[SpiralHawk]

2. Well, you know we gots da Saturn-Neptune opposition going on

Big time -- this weekend and stuff -- perfecting on MONDAY MONDAY MONDAY MAYDAY MAYDAY MAYDAY MONDAY MONDAY MONDAY

And mercury is retrograde

so, one must wonder why Commander AWOL Bush and Dickie "Five Military Deferments" Cheney have failed to hire themselves and their greed-bag republicon cronies a good astrologer, like CON demi-god Ronnie "Chickenhawk" Reagan did ?????

What's wrong with today's cabal of republicon occultists?

Wait, forget that I asked that about Skull & Boner Boyo and his occultist republicon cronies

[SpiralHawk]

14. repubicon occultists of yesteryear at least had Planetary MoJo

Today's breed of republicon occultists has no class, no elan, and no planetary MoJo
-- as surely all Christians would agree

Would Jesus join an occult republicon cabal?

I think NOT - but I am unable to check this out with Jerry Falwell since he himself has checked out

[Deja Q]

3. OMG, WE'RE ALL GONNA DIEEEEEEEEEEE!

:hide:

[taught_me_patience]

4. That's a double top if I've ever seen one

however, the scale of the graph makes the drop look more dramatic than it really is.

[theboss]

5. I'm not sure it is

The trough after the first decline is fairly active.

[taught_me_patience]

7. Hasn't been confirmed yet.

But fundamentals are breaking down (treasuries selling off hard). I expect it to pierce 13,300 early next week, then tumble big time. Good thing I'm hedged with QID!

[Cruzan]

8. If the Dow drops by any amount on Monday, even only

50 points or less, to me at this point is a significant indication of bear sentiment and cause for close attention.

[originalpckelly]

6. Oh lookie mommy, da graph has bunny ears!

Can I go play with da graph?

[Rage for Order]

9. Past performance is no guarantee of future results.

Therefore, I predict the Dow will rise on Monday, and if it doesn't rise it will fall.

[Warren DeMontague]

11. You could be wrong.

It might not go anywhere.

[Warren DeMontague]

10. OH MY GOD!!!

:eyes:

[Zynx]

12. Since market fundamentals are in no way overvalued, any major

sell off will be temporary.

[CK_John]

13. In another thread I predicted 6500 on Feb 5,08. Sank like a rock.

[Canuckistanian]

15. What's the significance of the double top?

Is that a bad sign?