Lots of people out there are calling for a bounce tomorrow. Doubtful. I'm going to be the contrarian and call for a large gap down.
A few reasons
1. Broke down and there are NO catalysts for any upside....debates may last into next week
2. Fundamentally we are broken and we continually break support.
3. We closed below the 8000 level with a catalyst for SOME downside (no GOOD bank bailout).
Seriously....there is ZERO catalyst for upside here. Last time this happened we crashed. Just can't see how it doesn't happen again. We have a major trend-line yet to touch so we're good for AT LEAST -100 tomorrow.
Maybe I should throw up a chart one of these times.
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