Monday, October 17, 2005

BAD NEWS? HERE COMES 'PLUNGE PROTECTION"

As the market approaches 10,000...plunge protection always kicks in.

Usually around 10,200... This is not a market that is taking chances on dropping below 10,000. Unfortunately it is also a market that must and will drop below 10,000 at some point. Therein is the conflict for the coming weeks and months.

Can the Dow be saved...simply because it must be saved?