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Is the other shoe about to fall today? (Video)

Source: http://club.ino.com:80/trading/2009/07/is-the-other-shoe-about-to-fall-today/
Posted on Monday, July 6th, 2009 | In Investing Lessons, Market Commentary, Trading Lessons
Contributed by: Trading School (http://ino.com) -

On December 3rd of 2008, I wrote a blog post entitled, “Waiting for the other shoe to drop.” Well today another shoe could fall if we break below the the levels listed below. You can see more on this based on my last video. See here.

Many experts have been predicting that we have made a low in the market. I’m not so sure.

Key levels today: S&P 500: 878.94  DOW: 8,221.00  NASDAQ: 1753.78

The fact is, we are probably still in a bear market and bear markets tend to be very different from bull markets. Bear markets just claw you under and sink under their own weight.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

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