The market is way down, the bailout is in process, how much stranger can things get?

In some quarters paranoia mode is fully under way from the upscale family murder/suicide in California to the 90 year old woman who shot herself because her house was being foreclosed.  Some are predicting dire outcomes for various dates including October 7th. I thought I’d post this prediction before the markets open so here it is…

Urbansurival.com, a site I came across on Reddit.com, predicts…

“there’s some resistance tomorrow at 9,376, then 8,983, and then switching to the 15-minute chart a pause around 8,049, and then the daily has a close range between 8,700 and 6,900 – with a center around 7,700 to 7,400 but that could be +/- 200 points.  All depending on how much the dollar is holding its own while the Euro is having issues/confidence issues.”

Hmmm

My best advice is stay invested, if you have thoughts of hurting yourself or others call 911, ride out the correction, it’s a business cycle stupid!