15,000 Dow

I understand cheese and when she finally hits 15,000 and 20,000 we will both look like geniuses.... :D

But

Will we be any richer ..... :confused:
 
ehm not so much, good luck with buy and hold investing in this market. btw, this is adjusted by the CPI (which needless to say, blows at gauging price inflation), I don't think you want to see what djia looks like M1 or dare I say M3 adjusted.

<img src="http://www.dogsofthedow.com/dow-1925cpi-log.gif">
 
The particular source, I quote below, has been fairy accurate so far. I day trade index futures H/L differences and don't do any positions beyond the days close. So I don't have a view to push; as it happens I'm bullish going ahead but I don't play predicted trends weekly, monthly or whatever.

I received this swing and momentum report this morning, saying that there is a possible completion move of the large A B C movement started back at 7,200; this would take the Dow to 1,200-1,500 above neutral on the monthly momentum range indicating a move by the DOW up to 11,400-11,700 levels.

There you have it!
 
The attached Monthly chart of the DJIA illustrates Fibonacci counts together with fibo levels the price has reacted with, and possibility there will be a trend reversal beginning in August. This would of course coincide with the expected rise of the FF Rates.

For more information regarding 'counts', see 'FX Time Projection/Counts' and 'US$ Index' in the 'Forex' forum.
 

Attachments

Hi JSR3

What charting software do you use....


thanks

nick

Quote from jrs3:

Dow will move sideways for a long time . Chart of Dow from 1962-1982.
More...
 
probably never.stocks are fully valued but there is nowhere else to put your money so we are stuck in a range probably for a long time.
 
Quote from Cheese: ..completion move of the large A B C movement started back at 7,200; this would take the Dow to 1,200-1,500 above neutral on the monthly momentum range indicating a move by the DOW up to 11,400-11,700 levels.
More...
I reported this forecast on June 7.

Given that the DOW made 10,480 today, is another 1000 points in the offing towards and/or over the the end of this month?
 
You started this thread six and a half months ago.
If you had invested in the DOW on the day you started this thread, your present return would have been the same as if you just threw your cash under the mattress.
 
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