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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	12/31/2006 6:36:37 AM
	of 6865

The official 2007 prediction Dow Jones Industrials stockcharts.com this has been a tough week as I have been going over all the possibilitys of the up coming year and what it may bring and as always I can see many different angles. I can always argue the bull and bear side of any chart and almost exactly 50 50 and doing a yearly prediction is no different, I see both sides. Both have good cases. But I believe that I as the crowd have been and probably are too bearish and is one of the reasons the market cant find a top and probably wont for a while longer. The chart above is of the Dow and using the tools that I have I believe that the dow will reach 13500 sometime around May to June and that a significant decline will take place at that time leaving the Dow at approximately Even to down by the end of the year.

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