dow strong feb. rally around the corner

  1. 5,447 Posts.
    Don't be fooled by todays drop in the DOW.Take it as a chance to buy the strong Feb. rally that will come.It is possible the Iraq crisis will be resolved quickly one way or the other;that will be the catalyst for the rise.The DOW is above the 150 day mov av and will follow the rising 20 day.The results coming through from various companies would normally be pushing the DOW higher;only war is holding it back.Gold is running on the spot and seems reluctant to move much higher;this is an indication that war is not necessarily a sure thing.
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