Black Tuesday - Price Collapse Imminent

[Port1385]

Ok boyz. Its time again for Black Tuesday.

 

[ByLoSellHi]

If the Lehman rumors prove true, it shall be a very dark Tuesday, 7-8-08, indeed...

 

[Professional]

Japan is -367... Dow fut's were -70 last time I looked. Not pretty.

 

[Port1385]

I see the next lines of resistance at

1225- bottom of summer 2006
1175- bottom of fall 05
1150 spring 05


I think once it starts falling below 1250 then it will really start spiraling quick. I just hope it gets over with quick and dirty like a good 5-10% fall in a day or week then lets start over on the recovery.

 

[robbie380]

Quote from ByLoSellHi:

If the Lehman rumors prove true, it shall be a very dark Tuesday, 7-8-08, indeed...

what leh rumors?


edit nm found it....not sure about it though...

like i said in another thread these rumors were posted over 10 hours ago.

 

[dtan1e]

Quote from ByLoSellHi:

If the Lehman rumors prove true, it shall be a very dark Tuesday, 7-8-08, indeed...

what Lehman rumours?

 

[matgallis]

http://www.reuters.com/article/marketsNews/idINSP18502220080707?rpc=44