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Next Stop, Dow 8,200: Nasdaq 1750 – Futures Trader

If this future trader is betting that the Dow Jones Industrial Average is going towards near 2009 lows of 8200, then it should take the Nasdaq also down to near 2009 lows, which is around 1750 points. I would have to agree with this view and it might take several months to get to that level, however you never know sometimes with the market, so we will just have to wait and see.

by Das Brain

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This entry was posted on Monday, August 15th, 2011 at 5:32 am and is filed under ETF, Economy, Option Trading, Stock Trading, Technical Analysis, Trading Psychology, Videos. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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