Dow Jones & S&P 500 Stock Market Crash 2008: it is virtually certain that a major bottom has just been made in the US stock markets yesterday, Friday 10th October, and we can expect a very strong and even dramatic rebound for Wall Street stocks over the coming week. This is because (a) the stock market is impacting a number of important time cycles on this day, and (b) the wild up and down intra-day action of Friday 10th gives strong evidence of a bottom for the time being. However, although the market bounce in the coming weeks may appear strong and will temporarily lift the spirits of terrified investors, it will be short-lived and the US stock markets will re-commence the crash, will almost certainly revisit the lows made on Friday 10th October, penetrate them, and then trade much lower before any real chance of a bottom to the selloff can be found in at least the short-term.
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