Let the mayhem officially begin.
You may remember that pivotal spot the Dow (INDU) was in just a few days ago. It had the ability to bounce of a major support. Guess what happened…
Bull: “Could this be the makings of eventually turning into one of the bull rallies EVER?”
Bear: “We are all screwed”
Best bet is to make sure that you have solid and diverse portfolios. More analysis to come over the following weeks.
Who is going to win? Hopefully me…
More on this topic
(What's this?)
The Dow Reaches a Four-Year High
(Wall Street Daily, 5/2/12)
Dwolla: Threat to the Financial Services Industry?
(Investment U, 4/24/12)
DJIA Chart – Trading Channel or Not?
(My Trader's Journal, 5/13/12)