On the Dow Jones
In the same line of putting your money where your mouth is, I will do so on my expectations of the Dow Jones Index performance in the forseeable future.
My prediction: the Dow will go up to 8,500 range, then back down to 5,500.
Reasons: First quarter corporate financial results started coming out. Unemployment figures. GDP figures. Interest rate problem: they cannot go lower. Dollar strenght. Amount of dollars printed over the past 6 months. Eastern Europe & Asian economies.
So, I am putting a sell order on all my funds that have the Dow in it at 8,400. And a buy order at 5,600 for the same amount.
Don’t say I didn’t tell you.
Dakx
