Approaching 12,000 again
Posted by btr Thu, 27 Apr 2006 23:43:00 GMT
Dow Jones Industrial Average is matching towards 12,000 again since it reached that level briefly in 2000.
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Posted by btr Thu, 27 Apr 2006 23:43:00 GMT
Dow Jones Industrial Average is matching towards 12,000 again since it reached that level briefly in 2000.
Posted by btr Fri, 14 Apr 2006 15:01:00 GMT
It looks more like to break on the upside now. Let's see if it will follow through rest of this week.
It's interesting to notice that crude is at $72/bbl, gold is at $600, while Dow has reached almost multi-year high.
Posted by btr Fri, 14 Apr 2006 00:02:00 GMT
Dow Jones Industrial Average is going to resolve this soon. A breakout from here won't be a surprise. Looking for some decent earning reports.
Posted by btr Sat, 01 Apr 2006 00:47:15 GMT
Dow Jones Industrial Average is again at the uptrend line. Go long if it stays above 11,100.
Posted by btr Fri, 10 Mar 2006 23:24:00 GMT
Dow Jones Industrial broke out this resistence at higher than average volume. It's in a 5-year high right now. Expecting some further up moves in the comming days.
Posted by btr Thu, 09 Mar 2006 02:11:00 GMT
Dow Jones Industrial is reaching the support area on this uptrend line. Wait to see if the Stochastic falls near 20 then go long. The stop can be set up at 10,600.
Posted by btr Wed, 01 Mar 2006 01:46:00 GMT
Dow Jones Industrial pulled back a little and closed just a hair line below 11,000. The volume was slightly higher than average. If it holds up at 11,000, it's more likely we will see some movement on the upside in the comming days and weeks. However, if the 11,000 does not hold up, we expect to see it at the support level 10,700.
Posted by btr Fri, 17 Feb 2006 00:17:46 GMT
Dow Jones Industrial reached new high today. The volume is decent, so we may see some follow-through next week.
Posted by btr Sat, 04 Feb 2006 15:26:00 GMT
Dow Jones Industrial looks like going sideway amid earning announcements and change of feds' chairman.
Posted by btr Fri, 27 Jan 2006 03:34:00 GMT
INDU has to break this SMA 50 to be on the bull side. Bears will be shorting at the resistence level around 10,900 and 11,000.
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