DOW Makes New Yearly Low

On June 13, 2008 I mentioned that we were closer to the yearly lows than the year highs. I also mentioned that I wasn’t going to predict that we will soon test the yearly lows. As it turns out we did begin to test the yearly lows. On June 22, 2008 I stated, "I’m not […]

DOW Tests The Yearly Lows Once Again

In my last entry I stated that the DOW was closer to the yearly lows than the yearly highs. I also stated that I wasn’t going to predict if the DOW would test the yearly lows. That was on June 13, 2008 and the DOW closed at 12307.40 On Friday, June 20, 2008 the DOW […]

DOW Tests The 12,800 Level and Falls Off From There

The 12,800 level on the DOW has held as resistance for most of this year. For the first time since January the DOW closed above 12,800 on 4/18/2008. After that a small rally ensued that drove the DOW to just beyond the 13,000 mark. At that point the DOW was faced with bumping up against […]