Dow 13000 is the FED support line

Each time the INDU gets down to 13000 we have had FED inject market juice.

Late Aug - 0.50 FED funds rate cut
Mid Nov - Kohen market friendly speech
Mid Dec - ECB $400 BN Euro funds injection/FED to a lessor degree.

So BUY stocks at 13000 and dont fight the FED, sell STOCKS 13750 and higher.

Unless INDU crashes thru 13000... ???
 
Back
Top