Dow gave up 154 points (1.5%) during last Friday half-day session. The drop can be considered quite ordinary. A bad economic figure could cause a similar drop. If Dow continues to drop further, it indicates that time is up for a major wave (IV) correction. However, Abu Dhabi's decision on Dubai's rescue plan will affect the markets to a certain extend in general.
I will be in Taiwan the whole of next week, I won't be writing anything until next Sunday.
Just look at the images below, wow!!!
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