It's hard to say what will happen in the short term with all the manipulation going on and the elections coming up, but I see 10K easy, probably 9K before the end of the year. Still a lot of level 3 crap out there and I don't see real estate turning until the inventories come down and that won't happen until we get all the alt-a resets and foreclosures behind us.

But in the short term, I suspect there will be a couple of bear market rallies, depending on how strong your stomach is.

Bob


>Dow under $11k
>Nasdaq under $2200
>S&P under $1200
>
>Tuesday's up day looks like a dead cat bounce. Waiting for confirmation. DOW confirmation below 11k is very bad. Next up minor resistance at 10.8 and 10.2 then 10k and if that doesn't hold...
>
>There's an awful lot of panic selling going on...