FUTURE MARKET CRASH 2009 IMMINENT ES TREND LINE AT 1040 NOT EXPECTED TO HOLD OCT 28, 2009

[GanjaZombi2]

Is an UNNERVING DROP the same as a 200+ point surge? Nothing has or will happen give it up.

[outsicktoday]

How does the rumored soon-to-be commercial real estate crash effect these projections about the market?

[spuuman]

Probably nothing more than a general contribution to the systemic economic downturn that will impact overall market conditions.

[jasonw719]

1040 resistance broke again today - next week needs confirmation - these times are critical for future crash possibilities

[spuuman]

Perhaps, but what would that confirmation be? Why not another 200 point drop on Monday. Retracements back to 1040 occurred only once around 1pm cst and that failed. The market does not forever keep testing. Of course we could be wrong but Monday I am expecting an unnerving drop! That being said we did record gaps at 1064, 1060.50 and 1046.

[outsicktoday]

Well, Dow Futures currently show -239, so Monday could be interesting to say the least

[ghahandi]

Rod, This market is relentless. As I type this, Sunday noght, 11-15, the Globex S&P is up 10 points. Tomorrow will tell us whethertomorrow morning's gap up will continue to new highs. On friday, all the indexes I looked at were pretty much in sync, except the QQQQ, which made new highs, and held strong last week. I'd like to trade with you, but I can't afford you. Anyhow, any updates on this market?

[3824Productions]

You said you never have a loosing day... how'd ya make out today with a 199 point gain?? Seems 1040 held... You are expensive, which is good because fear pays, but eventually all the Crash Hype will backfire...

[3EIHCIR]

Spuuman,

If the dollar falls will this not push the market higher? Would you suggest then buying the dollar?

[stealthpakfa]

good analysis.

we will see!

gdp number might be crucial to see the reaction of the market.