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The Dow 20,000 or Bust?

The Dow Jones Industrial Index has been pressing against the 2007 high, but we still need a monthly closing ABOVE 14280. Actually, we face rising volatility in March and April. As we approach the ECM target date of August 7th, 2013, we will need some caution. If we obtain a monthly closing ABOVE 14280 soon, […]

Japan & Russia – Dow & Dollar Bears

If you ever wondered why the Dow Jones has rallied when all these domestic forecasters predict the collapse of the dollar and the Dow, the simple truth is they are so biased and married to this scenario of 1929 that they cannot see the nose in front of their face. They fail to grasp that […]

Clarifying the Dow

2014 is the next big turning point. That means we either get a high or a low, We did NOT achieve a Yearly Bullish Reversal at the end of 2012. We need a monthly closing ABOVE 14280.00 to signal a 2014 high. The failure to elect the Yearly Bullish Reversal is a caution that we must remain […]

Dow Off to New Highs?

The Dow closed the week at 13895.98 providing yet additional buy signals warning that we may yet see new highs on Monday. Everything is still on track for a high in 2014. There is a potential for a intraday high in 2015 leaving 2014 as the highest yearly closing. The next key Weekly Bullish Reversal […]

The Dow Rally

There is a huge difference between OPINION and ANALYSIS. The former is colored by bias like people who keep calling for the Dow to collapse in Great Depression style by 90% and the hyperinflationists who insist upon gold going to $30,000 and nothing else. Both live in worlds they do not comprehend and their opinions […]

Dow Jones Industrials Update

The next three weeks will be choppy with the primary targets being the weeks of 01/28, 02/11, and 03/11. We have Weekly Bullish Reversals at 1365810 and 1369790. These define the overhead resistance. The Weekly Bearish start at 1309150. Our Minor Month Bullish Reversal stands at 1333180 while the Majors are 1399470, 1412110,  and 1428000 […]

Here we Go Again – Debt Ceiling Showdown

The Republicans are not real smart. Perhaps they took the little bus to school. We may be witnessing the demise of the Republican Party. The brain-dead ideas of creating a showdown over the debt ceiling is beyond belief. Just how does this solve a problem? If the debt ceiling does not rise, then taxes must […]

Dow Jones for 2013

The support in 2013 will be at 11,900, 11,650, 11,025 and resistance at 13340. For those attending the technical training seminars, here is a glimpse of the three 1985 projection lines that have defined this entire ECM wave of 51.6 years from 1985 into 2032. The 2007 high was slightly over the projection for that […]

Dow Jones Yearly Bullish Reversal 12567

The numbers are always the numbers. The amount of voter fraud is off the planet. Obama won in every state that did not require a Photo ID and lost in every state that did require a Photo ID in order to vote. Some places all votes went to Obama and none at all to Romney […]

Economic Growth – China wins hands down

When we look at REAL GDP growth on a city by city basis, the top five are all in China – Hefei, Baotou, Changchun, Anshan, and Dalian. It may surprise you, but the top two cities in the bottom five around the world at Miami and Las Vegas followed by Athens, Abu Dhabi, and Dubai. It […]