14k

[S2007S]

Is that it???

Fun is over or???

 

[makloda]

Means nothing, neither positive nor negative.

 

[S2007S]

oil nearing 75...

 

[SiSePuede!]

Quote from S2007S:

oil nearing 75...

It already hit $75 and also, so what?!

Are you trying to start a news service?

 

[empee]

usually when you break a number like that you are goign to get another 200 pts just for the short squeeze. But it needs to close over it

 

[S2007S]

Quote from empee:

usually when you break a number like that you are goign to get another 200 pts just for the short squeeze. But it needs to close over it

agree, last time the dow jumped 13k it closed up nicely.

 

[NY_HOOD]

don't like the reversal. DE reversed,that was a red flag.

 

[showyouwang]

Since it is an index, it's not like there's going to be a magical squeeze the second it's over 14,000... it takes maybe 14020 or 14050 before people know it's real and start buying/covering like mad. I doubt many people left orders in real close to 14,000

 

[S2007S]

just when you think the market is tired it jumps another 2%.

 

[SiSePuede!]

Quote from showyouwang:

Since it is an index, it's not like there's going to be a magical squeeze the second it's over 14,000... it takes maybe 14020 or 14050 before people know it's real and start buying/covering like mad. I doubt many people left orders in real close to 14,000

Exactly. Besides that, blue chips already started with good results so it's likely it's a trend that might continue due to strong 2nd quarter global growth...over the course of earnings, unless something changes, the trend of buying stocks up on good earnings will push the Dow higher.