Down Market

This market has been on a downtrend for the past week or so and the end is not near based on the fundamentals of the economy. Unemployment reports jumped the fastest it has been in the past decade and gas it at all time high and there is no sign of ease as we move deeper into the summer. Food costs are high as well and many foreclosures are on the rise. Many people, including some of you who are reading this now are feeling the crunch. The next support point for the DOW is around the12,000 mark then if it breaks that say hello to 11,800. If it breaks that hold on people we are in for a ride, south that would be. With elections in November we may see some changes in ealry '09 but many still doubt it.

Trade wisely. Stay tuned. www.freeoptionspick.com