Dow Poised For 2000 Point Run!

July 23rd, 2009 | Filed under: Financial Markets

Okay, so maybe not that much, but I was just looking through charts and saw this loose head and shoulder pattern on the Dow.

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We are a right around the break of its current neckline, which should make things all the more interesting.

If this LOOSE head and shoulder does indeed work, then look for a break with a target of around 11500. That would be something wouldn’t? We should be around 10,500 by year’s end.

I know I might be crazy, so check out what INO thinks of the Dow, and if you are confused on what a head and shoulder is then learn.

More on this topic (What's this?)
The 1929 DJIA and the 2000 Nasdaq
Read more on Sim Tech GRP LTD, Dow Jones Industrial Average (DJI) at Wikinvest