Thursday, June 16, 2011

New Stop-Off at 11,500 on the Dow

It now looks like the next stopping off point is at 11,500, before the Dow turns and tackles the climb up to 13,000.

That sounds pretty low. But, the current run down looks pretty deliberately headed for lower territory. And I think there is a bottom to be put in at 11,500.

Tuesday, May 31, 2011

Dow set for another ride up to 13,000

The Dow Jones has established support at 12,271 by bouncing off the line and continuing on upward. It is likely that it will bounce off the 13,000 line and head back downward, but here's a free 600 points for you by riding the wave up to 13,000.

Sunday, April 17, 2011

Response to iPad

Regarding politicians complaining that the iPad is destroying jobs, like libraries, bookstores and all book-related jobs--
Here's my response:
When Gutenberg first started printing books, the public was all up in arms because no one would use their memory any more. Up until that time books were handed down through generations of story tellers. Well, look where that got us. We are just now on the forefront of seeing what will come of the new innovations. Hooray!

Friday, March 4, 2011

Dow set for ride up to 13,000

The Dow Jones has been tinkering with the 12,000 mark and not doing much. It will probably do a little more backing and forthing at this level and then move on up to resistance at 13,000.