The Dow Jones Industrial Average reached its highest level in six years on Thursday afternoon but edged off the peak to finish just short of its all-time closing high. The S&P 500 hit a fresh a five-year high.
“The Dow is nothing but a flirt,” said Ken Tower, chief market strategist at Cybertrader. “It’s enjoying the attention and prolonging the mystery.”
The Dow will not reach another all-time closing high until at least 2009. We are currently in a long-term bear market. This rally will not last. Sell your index funds now. There is a 50% chance of a major ( greater than 15% drop in the Dow and S+P 500 indexes ) market crash in the next 45 days. If you are adventurous, buy Diamond and Spyder Put options.
4 comments:
I like ur blog...
Visit my blog at http://stockdoctor.blogspot.com
Well, I guess I was wrong
What namely you're saying is a terrible blunder.
check out his site!
The writer is totally right, and there is no skepticism.
Tomatoes recipes | catholic beliefs | Chili recipes
Post a Comment