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Investing Ideas_03 12 2010 review

|Includes:DDM, IBM, ICE, International Coal Group, Inc. (ICO), LAD, LQD, MFG, OIL, USO, WIP

 The Dow Jones index is in Bull’s zone still. However, we are worrying about decline in turnover. Index has encountered resistance at 10,612.60 now.

There will be difficult for index to overcome the resistance with such low turnover. The market is in a consolidation phase now.

And the upcoming news on the market only will determine which direction will index to choose.

 

Dow Jones daily chart:

Stocks: ICO, ICE, IBM, LAD, MFG, DDM, OIL, LQD, USO, WIP