Monday, March 16, 2009

Dow needs to cross 7500

So looks like we bottomed around 6666.  Since then it has kept going up.  Lets see what happens here.

Monday, March 02, 2009

Dow, well, not good.

Back in Oct 2008 I said that if the Dow went below 7500 that we have the real possibility of seeing Dow 3000.  I'm now watching the Dow having a hard time staying at 6900.  This is not good.  I just don't see the Dow getting back over 7500 now until it hits bottom and that bottom is probably somewhere between 3000 & 4000.  Hopefully not below 3000.