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Where Do We Go From Here? 12:40PM EST

Published on October 14, 2008 By Peter Grandich

The 600 point drop on the opening last Friday not only gave us a chance to cover our short positions for big gains, but the reversal toward the close and the tremendous one-day spike yesterday should make that low last Friday just under 8,000 a short to intermediate bottom. I felt that the DJIA could [...]

Don’t Blink

Published on October 9, 2008 By Peter Grandich

You can’t even go out to lunch in this market. Despite some of the most oversold readings in years, the stock market can’t stay positive for more than an hour or so. They’re literally taking out some of the best known corporations and shooting them (GM being the latest). If it wasn’t for such fear [...]