DOW 0.71% $5.61 downer edi limited

looks to me as if it has bottomed at present , page-2

  1. 52 Posts.
    I thought the same but last night Goldman Sachs released a report indicating the Financial sector may need to raise US$141 billion to recapitalise and the European markets fell accordingly.

    Having said that, many analysts/forums/newsletters such that I follow indicate that Monday/Tuesday will be the pivot point for a rally to the upside.

    Most technical indicators are deeply oversold so any bounce should be swift and violent.


    __________________________
    Just my thoughts, do your own research.
    Good luck!


    Moved from the "United States" forum. Original message number: 664
 
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