Dow

[ananda77]

Hoop:

...according to my long-term market model (see attachment), we are dealing with a market low, followed by attempts of a bottoming process, which is unfinished business up to date;

...and according to the long term market model, we are quite a long way away from an upside reversal;

...fundamentally, Central Banks need to come up with a satisfactory answer to the bank insolvency disaster FAST FAST FAST like yesterday (not buying or guaranteeing toxic assets but putting banks into receivership and fixing the CDS market) otherwise

...liquidity inflows including foreign into the US market keep melting away and institutions will extent their distribution of core holdings; if they changed their mind about fair value of core holdings and start selling when the 20th November low is tested, we will have a major crash on hand;

...remember: THE CRASH happens in extreme oversold territory;

Kind Regards