Dow closed just below its June 7 support level -- significance, predictions?

Discussion in 'Trading' started by Cruzan, Jul 27, 2007.

  1. Cruzan


    June 7 close: 13,266.73
    July 27 close: 13,265.47

  2. S2007S


    Im waiting for a close below 13250...

    Selling should intensify even more after the dow breaks 13,000.
  3. I hope so man. I still have a lot of DXD when I put in at 12,500 and got caught in that 23 day bull run. If only I waited till now to load up.....

    Thats what I get for calling a market top in late March. Damn 1st quarter earnings season killed me.
  4. And what is the significance ( in your technical opinion ) of Dow 13,000???

    I mean, how many money managers out there are "bogied" to the Dow Jones Industrial Average?

    Answer: None