[dpaterso]

Further to my post above (with regard to the documentary):

I did not realise it at the time of posting but this documentary is available direct (for purchase) from CNBC so I would be unable to post a copy on YouTube as this would be a violation of copyright.

I also cannot insert the link here because the site will not accept it.

The documentary is called 'October '87: Crash and Comeback'. Google 'october 1987 crash and comeback video' and you will find some links there (as I mentioned previously it is avaliable direct from CNBC and it would also appear that it is available for purchase from Amazon as well).

If you can: buy it (or rent it if possible). It gives some amazing insight into the world of stock market trading and the similarities between what happened back then and what has happened in the past couple of months are uncanny.

And while I'm on the subject it would certainly appear that the Dow has averted disaster (for now anyway) and, if Wilder's 'Delta Phenomenon' is anything to go by, should rally for at least the next two weeks or so (I'll attach a chart to this post sometime this weekend after I've drawn the 'lines' again). Again, according to 'The Delta Phenomenon' this may be a temporary 'reprieve' i.e. according to 'The Delta Phenomenon' look for the Dow to get to 10 000 or below: this drop to be starting somewhere around 21 April 2008 and only reaching a bottom somewhere around 20 May 2008. Could this be the NEXT wave of sub-prime casualties (credit card companies)??? Already VISA is looking to raise cash via an IPO (as of Thursday last week VISA stocks are tradeable at Delta Stock and the stocks MAY NOT be shorted i.e. only long orders)??? A foreboding of things to come??? Watch this space!!!