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The DOW

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  • farming101
    Senior Member
    • Mar 2011
    • 3952

    The DOW

    New all time high today
  • danny W1M
    Senior Member
    • Mar 2017
    • 464

    #2
    Bank of America sees end of bull market coming in 2018: Here's how it will happen

    [URL="https://www.cnbc.com/2017/11/21/bank-of-america-bull-market-ending-in-2018-how-it-will-happen.html"]https://www.cnbc.com/2017/11/21/bank-of-america-bull-market-ending-in-2018-how-it-will-happen.html[/URL]

    Comment

    • farming101
      Senior Member
      • Mar 2011
      • 3952

      #3
      Reached the 23800 mark today. Raise target to 24000 or maybe even a little bit more

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3952

        #4
        Punched through 24083. Correction - should be 24194
        Looking for sideways/pullback action to kick in here
        I could be wrong
        Last edited by farming101; Dec 1, 2017, 22:48.

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #5
          Punched through 25,000

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17470

            #6
            How does this end?

            Comment

            • farming101
              Senior Member
              • Mar 2011
              • 3952

              #7
              Ya, 24194 didn't hold it down did it? I think it closed below that for all of two trading sessions.
              Then of course it became support.

              Onward and upward. Low grade indicator says 25370 for the next pause.
              It would take a series of closes below 25,000 for the next week to indicate weakness and closes in the 24425 area for anyone to get cold feet.

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17470

                #8
                Does any of this have absolutely anything to do with the strength of the companies that make up the DOW and their financial performance OR is this whole thing purely speculative and chart based investment/trading.

                A few RRSP dollars will likely be looking for a home in the equity market in the next 7-8 weeks as well, likely another false push up on the market.
                Last edited by farmaholic; Jan 4, 2018, 16:15.

                Comment

                • Oliver88
                  Senior Member
                  • Dec 2012
                  • 4688

                  #9
                  Over 26,000 today......

                  Comment

                  • helmsdale
                    Senior Member
                    • Nov 2014
                    • 2127

                    #10


                    Don't poke that thing...

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