Tuesday, July 29, 2008

July 29, 2008; Targets Reached!

The targets I mentioned earlier have basically been reached. The Dow's target where wave a=c is at 11,392 and the Dow is currently at 11,383 with 10 minutes to close. The S&P's target where wave a=c is at 1,263 and it's currently at 1,262 with 10 minutes to close.

This is a great time to get fully short for the possible massive selloff that might start this week. Stop losses can be placed just above 11,697 in the Dow and 1,292 in the S&P.

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