Fear Setting In

The Dow is currently down 330 points!  Finally, we’re getting a 90% down day.  That’s over 90% of the total volume is down volume.  In addition, my crazy investor indicator is finally starting to move up meaning fear is setting in.  The question is will we get some consecutive days like this or is this just a one day wonder?    Also, will the July 15th lows hold.  Perhaps temporarily but it’s looking as if we’ll go past there and establish new lows. Keep your powder dry.

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1 Response to “Fear Setting In”


  1. 1 Lee September 4, 2008 at 4:18 pm

    Karl,
    Thanks for your updates – I’ll be checking back daily to see when its time to re-enter the market for a meanful bull run.

    Lee


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