Somsanith Donesing's  Instablog

Somsanith Donesing
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I'm an independent investor and has been trading stocks for the past 10 years. I also like to write and express my opinion. Hopefully people will find my articles enjoyable and informative.
  • Dow Will Get To 15,500 By The Year End. 0 comments
    Apr 14, 2013 9:02 PM

    Many have been expecting for awhile that the market would get some correction soon due to the Sequester, the crisis in Cyprus, and the North Korean war posturing. In addition to everything that's going on, the Dow Jones has been on the bull market for the last 4 years. However, the market can shake off any bad news that arose, and today the Dow closed at an all time high at 14,865 +63. I think that we're still in an early stage of recovery and most companies are seeing some growth in their businesses. And that would help push the market higher. I predict that the Dow will reach 15,500 before we'll see some kind of correction, if there will be one.

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