Next Stop 10700?
We got through all the bad news, the market is rebounding; it is doing the usual flutter but is rebounding. I still think the dow is not worth more then 9600 but that doesn't matter. The typical pattern would be a rebound about half way to the high. 10700 then down, the economy needs to actually be better by then or we will be in trouble. No government promises but actually people out buying stuff, then it wont crash. But 11,000 again? The market isn't worth it, business expanding will take profits and scare us. If we stay above 10 we are lucky.