The dow has finally touched 13,000 market and rebounded huge off it
this completes the bottom of the trding range. The 12,500 level on dow seen on August 16th won't be revisited. A solid, long term base has formed on the dow. It isn't a top, but a base, which will be the platform for another big rally soon.
the dow will proceed to rally to 13500, base for awhile, and then surge to 14000, base for awhile , and then end of year go to 15,000 on more rate cuts.
Dec and Nov most bullish months of year
financial stocks surging. This is a good sign because it indicates that bad news this morning has been digested, and writen off.
more rate cuts 2 come
all bad news priced in
time 2 buy
this completes the bottom of the trding range. The 12,500 level on dow seen on August 16th won't be revisited. A solid, long term base has formed on the dow. It isn't a top, but a base, which will be the platform for another big rally soon.
the dow will proceed to rally to 13500, base for awhile, and then surge to 14000, base for awhile , and then end of year go to 15,000 on more rate cuts.
Dec and Nov most bullish months of year
financial stocks surging. This is a good sign because it indicates that bad news this morning has been digested, and writen off.
more rate cuts 2 come
all bad news priced in
time 2 buy
