Dow will not get above 10950ish in my opinion, after tripple whitching its had the oportnity for buy programmes to hit in. Last year there was a sell off into the new year that caught a lot of people. Almanac shows 13th December for the average historical peak but the geo politics were not as important historically...as now.. 10830 break and its down for me. 10969 and it could test 11000 but my opinion for what its worth is slim chance of that pre Christmas....ragstoashes - 18 Dec'05 - 23:56 - 2384 of 2434 edit
Well its flirted with my 10830 low as I worked out /guessedimated over the weekend.
With so few trading days left and the leveraged Japan currency trades lowering the US trading today its hard to see any rally for yearend. There are some CPI numbers to come this week but I would be suprised to see that make a difference, protecting year end profit figures is the main aim for the insitution trades...
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