This Is a Trader’s Market, Volatility Demands It [View article]
Bill, You predicted in BusinessWeek the december issue of last December that DOW will be 13000 by december. How does that fit with you article here?Are you saying we are going to charge at 13000 before we hit 10000.The Dow chart and I am a beginner seem to get a bounce around that 11000 mark and there is a long consolidation pattern in that are running from December 2006 to early 2007 before the rally to 14000. It looks to me that the dow is ready for a long leg down but what are the chances we don't get a mini rally here that pushes above 12700?
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Bill,
Sep 08 21:14 pm
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All Comments by pooramerican »This Is a Trader’s Market, Volatility Demands It [View article]
You predicted in BusinessWeek the december issue of last December that DOW will be 13000 by december. How does that fit with you article here?Are you saying we are going to charge at 13000 before we hit 10000.The Dow chart and I am a beginner seem to get a bounce around that 11000 mark and there is a long consolidation pattern in that are running from December 2006 to early 2007 before the rally to 14000. It looks to me that the dow is ready for a long leg down but what are the chances we don't get a mini rally here that pushes above 12700?