Tuesday, December 07, 2004


As predicted yesterday we had a big down day today, 106 points down on the Dow. There were many opportunities to go short today, tomorrow there won't be. Typically, with a big daily move, traders try to get in even though the train is on it's way down the track. I expect a down day tomorrow from the opening bell, possibly worse than today's fall. Again, I can't predict with these tools how far down the Dow will go, but I fully expect it to drop.

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