8/6/2011 11:15PM

As I thought it was gonna keep going down tomorrow, some good news arrived. Turns out oil production quota will not be raised as OPEC countries voted against the increase, sending crude oil back up above $100. So we should see some recovery in the energy sector tomorrow. Whoever bought SUSCO at the low today might be happy tomorrow.

As of right now, Dow Jones is slightly positive, but it could easily fall down into the negative zone in a couple of hours since Europe didn't do so well today either.

So if I had to decide, I would say that SET will likely move sideways and eventually into the negative zone by the end of the day tomorrow, but I don't think it would be as crazy as today. It is very possible that SET will test the 1018-1020 resistance zone, but I have doubts that it will go above it. Then, after failing to pass the resistance, it'll come down to about 1010-1012. This is just my gut feeling though. It's survival mode now. Good luck strangers.