Can You Say Indecision?
7th January 2008
The Dow and S&P 500 both went down to touch the support levels I wrote about after Friday’s close. After bouncing up and down all day they managed to close slightly ahead, but did not give us any indication which direction they were headed next. I will stay with my current bearish attitude until such time as the market does something to indicate its ready to turn around. - JD