Posts filed under “Investing”
Excellent graph from Chart of the Day. Note the Dow is now just above its 2000 highs, but at the top of its long term trend channel:
This suggests that even a pullback towards 11,000 (or even ~10,750) will not be a break of the 3 year move.
At the same time, we see Sentiment is fairly high:
September 29 AAII Survey
This is rarely a winning combination . . .