I do remember some political pundits in 2008 on a news network that starts with the letter "F" that if a candidate with the last name that starts with the letter "O" is elected the market will go into the toilet. Predictions are useless.
posted: Feb. 2, 2013 @ 3:59p
psychtobe said: The Dow was more or less around 8000 (+/- 1000 points) between October 2008 and July 2009.
Can you point to a few posts where you "told us so"... to buy?
Oops. that wasn't you either. You know as well as I do that it's not time to buy until IYHTA says it's time to sell.
posted: Feb. 14, 2013 @ 6:33p
TCI chart on Dow Industrial (2002-2013) Disclaimer
I think that in general terms you are right but I the Dow rally is running too fast in 2013 and maybe a bear market is close. In my blog (Trading Center) I posted recently a bear signal on Dow Jones Industrial.
Here is the signal Current Price: 13,972.81 Target: 13,850, 13,550 Stop Loss: 14,035 Full Signal here
This signal was produced using the Trading Center Indicator (TCI) More about TCI Technical Analysis here
I have attached a TCI chart (February 1st 2002 - February 13th 2013)
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