DOW 6.00% $7.60 downer edi limited

the moment of truth

  1. 3,694 Posts.
    Richard Russell's comment a few days ago.

    "I've talked until I'm blue in the face about those March 21 peaks of Dow 8521.97 and Transports 2263.49. If BOTH Averages can better those two peaks the secondary trend of the market will have turned bullish, and that would be very good news for holders of stocks."

    That's three times the Dow has pushed thru 8522 intraday and not been able to hold it to the close. I guess that's a powerful negative signal in TA. However Greenspan speaks tonight and his comments will impact the market. The DT is at 2401.

 
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