The key level on the DOW for support was 7885. Sometimes important levels are dismissed by ignorance. 7500 or whatever perceived support levels aren't going to work with bad news coming out everyday. You know the economy is in a meltdown with the likes of BAC, C and GM plus all the others saying they'll pay the money back, that's why you should give us more no matter what the continuing circumstances unveil as the Depression deepens. I call that pouring our future into a rat hole.

According to Martin Armstrong, Depressions last from 23 to 26 years, which is a normal cycle. The stock market is due to bottom according to Mr. Armstrong in mid-2011, so how are the support levels like the 7500 plus the other identified levels going to work with the DOW projected to bottom somewhere in the 4000 area or below come mid-2011? Suppoort levels work in bull markets, not bear markets.