Tuesday, October 2, 2007

It's a record breaking Dow!


Tracking the Dow Movement on Monday.


Allan Greenspan suggested that the global credit crisis is possibly over.There are signs lenders seeking to buy long-term assets of lower quality.These comments have lifted the Dow to rally above the 14,000 mark.
The bulls are in control except for slight profit-taking in the last hour of trading.It ended with a white bullish continuation candlestick.

The US housing slump wouldn't end the stock market 5 year rally!
It has climbed above the record breaking 14,000 points in its 111year history.The worst is over.
It's the beginning of a new twilight.
The final quarter of the year will usher with a bang!
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_sesit&sid=a6GZ7XzNH3bU