Strictly: Drilling II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve susko who wrote (34682)	12/18/2003 3:49:33 PM
From: Andrew	Read Replies (2) of 36161

Heavily weighted stocks like UTX, MMM and PG and CAT continue to push up the DJIA which is a price weighted index. These stocks can get moved on Low volume. UTX and PG are the 2 highest weighted stocks on the DOW and look at the low volume. See DOW go up, then see SP500 go up, see POS NAZ go up. Public getting sucked it IMO. Technically DOW SPX are breaking out over rising wedges. Now they must rise in a parabolic fashion to continue or fail. I see DJIA possible target 10600's and SPX 1120's and very soon, like within the next few weeks. Then a spectacular failure in the markets. If these targets dont get reached then its because the spectacular failure came sooner. I'm working on which puts I should buy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next