Tuesday, November 13, 2007

support

Hey

The Dow might be hitting a range here. It hit this level earlier in August and I think it will stay somewhere between 13,000 and 14,000. There are a few aspects that can change this such as world tensions, the subprime mess, and the dollar. But there is some major support around 12,900.




Speaking of the dollar, there are many different articles on SeekingAlpha in regards to the dollar's plunge during the Bush Administration.
Don't forget to check out the Trader Feed blog in my blog listings. Brett has some solid analysis on trading and the markets in general.




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