Day: October 9, 2008

Unprecedented – Down Seven in a Row

Just time for a quick one tonight.

Wow is all I gotta say. No confirmation on yesterday’s possible reversal formation, that’s for sure. The “possible” was bolded there, too, as today was when the confirmation had to come (and it didn’t).

The chart above is a 10-year of the DIA (Dow Jones Industrial Average ETF), which appears to show a race for the 8000 level. The chart below shows…