http://www.investmenttools.com/equities/djia__dow_jones_industrial_average.htm Are we looking at another 10 years of bear market, and is the Dow really heading for the lows of 7000 in the near term and 2500 in the longer term? Of course the market may go up to 14000, but the long term log chart looks like the dow never hit support.
http://www.marketwatch.com/story/economy-is-running-on-empty-2010-03-02 That consumer just doesn't seem to be showing up!
http://www.google.com/publicdata/ex...type=l&met_y=ny_gdp_mktp_cd&hl=en_US&dl=en_US Is this sustainable? World Economy: 1960 - 2001 = $30 trillion 2001 - 2010 = $30 trillion - $60 trillion A global economy that doubles itself in less than 10 years when it took a generation to achieve the same. There's something wrong here, or what isn't right? This just looks like a political farce: printing money to buy votes. The Oxford English Dictionary definition of farce: "Dramatic work meant merely to cause laughter, often by presenting ludicrously improbable events; this branch of drama; absurdly futile proceeding(s)."
look at the retailers earnings reports and their stocks. its telling you something. they are good with this level of consumer spending.
bullish (6) 25% bearish (9) 37.50% neutral (3) 12.50% don't care (6) 25.00% April 9th 2010 50% of voters neutral to bearish. Are we in for bigger more dramatic falls this time round, because of a lack of short sellers?
I'm ready to short 88s and above. Good chance we will test 88s again overnight Friday. I'll be aggressive selling those.
What ever happened to buy the rumor and sell the news! The Dow should be trading at around 12500 right now, but I figured that the money on the sidelines is waiting for a slight correction. It looks like the Dow may re-test its 200 day moving average and test 9800 - 9900, before moving higher (about a 10 per cent correction). It's just looks too much like a head and shoulders move right now.
bullish (8) 21.05% bearish (14) 36.34% neutral (5) 13.16% don't care (11) 28.95% April 21st 2010 50% of voters neutral to bearish. Is the 1000 daily moving average zero sum? Is the market going to correct down to around the 200 daily moving average (9000 - 10000 on the Dow)? Of course it is, the market move now is similar to the market move in April 2001 and February - March 2002 It's not just a case of unemployment now, but one of people being economically inactive.