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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (3993)8/9/2002 10:00:55 AM
From: Smiling Bob  Respond to of 19256
 
Any up moves in the DOW will be very short-lived
We have topped out for awhile, and there is just very little room or reason to move up
While the PPI # was good, I expect some significant increases in the CPI in coming months, further hampering any consumer driven economy.
The drought will play a large part in pushing up food costs and Iraqi tensions are likely to build.
The Saudis are distancing themselves from our hardline stance. Oil could rise.
Qtr 1, 2003 should see an intermediate term low in the DOW of 7150 area.

Last Trade
10:00am · 8,589.83 Change
-122.19 (-1.40%) Prev Cls
8,712.02 Open
8,707.24 Volume
N/A
Small: 1d 5d 1y none
Big: 1d 5d 3m 6m 1y 2y 5y max
Day's Range
8,575.98 - 8,707.27