DOW 11,000 or DOW 13,000?
Moderator: Aitrus
DOW 11,000 or DOW 13,000?
Ok, borrowed this idea from Bespoke (and will give it back)...........
Which level will the Dow Jones Industrial Average reach first?
11,000
13,000
Which level will the Dow Jones Industrial Average reach first?
11,000
13,000
Re: DOW 11,000 or DOW 13,000?
9000... lol I hope..
Re: DOW 11,000 or DOW 13,000?
11k for sure. The fast rallys have been followed by fast drops due to someone in europe sneezing too loud. I'm waiting for sub 10k range, i pray for 9k like houston but I'd probably die holding my breath that long.
Rule No. 1: never lose money; rule No. 2: don't forget rule No. 1 ~ Warren Buffett
Re: DOW 11,000 or DOW 13,000?
This has the makings of an epic short sqeeze. I think we see 1300+ before we see 1100. Bulls on Parade...
Re: DOW 11,000 or DOW 13,000?
The central bank move has taken a lot of the short term risk out of the market I think... this gives Europe at least a bit of time without worrying about what Italy's 10 year yields are at. If the problem spreads faster than it seems it will then maybe 11000 first but given that we've been flying upwards of late and we are going to be devaluing the dollar with all of this money printing, I think 13k is much more likely first.
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Re: DOW 11,000 or DOW 13,000?
I will go in, if market breaks through upper line of current parallel channel. Look at the attached pic.. I don’t see many people commenting on this, but it has been very influential for the market. You see similar channel on C and S Fund.
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Fund Prices2024-03-27
Fund | Price | Day | YTD |
G | $18.14 | 0.01% | 1.00% |
F | $19.09 | 0.26% | -0.68% |
C | $82.11 | 0.87% | 10.42% |
S | $82.19 | 1.48% | 6.61% |
I | $42.68 | 0.56% | 6.21% |
L2065 | $16.38 | 0.84% | 8.36% |
L2060 | $16.38 | 0.84% | 8.36% |
L2055 | $16.39 | 0.84% | 8.36% |
L2050 | $32.73 | 0.71% | 6.94% |
L2045 | $14.91 | 0.67% | 6.56% |
L2040 | $54.37 | 0.63% | 6.20% |
L2035 | $14.34 | 0.58% | 5.77% |
L2030 | $47.66 | 0.53% | 5.35% |
L2025 | $13.14 | 0.31% | 3.40% |
Linc | $25.60 | 0.24% | 2.79% |