It is interesting to see that amongst all the news of doom and gloom around the world that the Dow is approaching its all time high. The month of September 2012 has seen the Dow make a new 52-week high. This is in marked contrast to back in 2009 when the Dow had dipped below 7000. If we listen to … [Read more...]
DOW Continues Downward Move
Well, soon after we stated that the DOW had closed below its 200-day moving average for the first time since September 2010 it continued its move downward to a little over 1,000 points below the 200-day moving average. … [Read more...]
DOW Closes Below 200-Day Moving Average For The First Time Since September 2010
The DJIA closed below its 200-day moving average for the first time since September 2010. The DOW has comes down off its lofty perch at slightly above 12,800 to rest just above the 11,860 mark today. Today marks the 8th consecutive day of decline for the DOW. As the DOW has been making its steady … [Read more...]
The Dow Jones Industrial Average Finally Makes Its Much Anticipated Pullback
After making its high above the 12,800 mark, the Dow Jones industrial Average finally started its much anticipated decline after venturing above 12,800 for a few days in a row. Now, near the middle of the year the Dow is meandering around the 12,000 mark. Although the Dow is still above the 200 … [Read more...]