Tuesday, August 30, 2011

DJ Composite Hits 4K

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The Dow Jones Composite kissed the 4000 mark into the close today in stock trading and then the market reversed a bit:

Like with reversals from thousand marks in the DJIA, sometimes reversals from thousand marks in the DJ Composite are associated with significant negative historical shocks.

See my December 8, 2010 blog: Reversals from Thousand Marks in the Dow Jones Composite Index

I'm afraid what I've foreseen is drawing near:

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