DJI Chart
Nice week.From y last "S&P 500" post you may see that I expected some a correction and we had it. Yet the longer-term up-trend pushed the stock market higher by the end of the week. (refer to my 1-year technical analysis in my "New Highs/Lows" post on August 12, 2008 and my "DJI" post on July 20, 2008).My outlook over the longer-term stays unchanged. The same as before I believe that the high volume surges in June-July 2008 has power to push the Nasdaq 100, S&P 500 and DJI indexes and the whole market much higher.With shorter-term, I only may give one advice monitor charts on the daily [More...]
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