Global Agony

09/30/2008 9:48 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart

The pain on Main Street has gone global and with the European economic numbers lagging those in the US. European averages such as the DAX may start to drop faster than the major US averages. The weekly chart of the Dax Composite (through 9/29) shows next good support in the 440-470 area.

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