tag:blogger.com,1999:blog-12333088.post117260789698920580..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Panic !!Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12333088.post-1172613022960435292007-02-27T16:50:00.000-05:002007-02-27T16:50:00.000-05:00same question as past few days what if dow breaks ...same question as past few days <BR/>what if dow breaks below the point <BR/>20 low ????? what does that imply ?<BR/>the rest is apearant .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-1172615676340672722007-02-27T17:34:00.000-05:002007-02-27T17:34:00.000-05:00I agree Carl this looks like a washout ending patt...I agree Carl this looks like a washout ending pattern, not beginning of new trend.<BR/><BR/>I thought SPX 1426 would hold as a 'wolfe wave', but SPX 1404 is the next area to give the bulls some support which is the Jan 07 low/Nov 06 high area.<BR/><BR/>May see this thing turn on a dime and get an end of month rally tomorrow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-1172620368638960372007-02-27T18:52:00.000-05:002007-02-27T18:52:00.000-05:00Other scenario is a 100 year anniversary (importan...Other scenario is a 100 year anniversary (important) of the 1907 panic and SPX drops to 1190.<BR/><BR/>We shall see in about 1-3 weeks if meaningful support returns.Anonymousnoreply@blogger.com