Just looking ahead... It looks like the Dow Jones Industrial Average is setting a base to make a potential move. Sure it may have a little more consolidation in the next day or so, but if everything continues as it has been, we could be around 10,750 in the next 10 trading days. Call it an early January effect, a Santa Claus rally or what not. Maybe it will be part of the $10 trillion sitting on the sidelines that I addressed in this earlier post.
At this point I think the risk and reward is leaning toward accumulating positions and increasing holdings.
Disclaimer: I have a position where I benefit if the Dow Jones Industrial average increases in value.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment