The DOW Industrial Average FINALLY breaks the 12,000 mark then quickly ducks for cover. Can we mark our calendars showing that 10/18/06 was the beginning of the end for stocks? It's still too early to tell but I've been talking about this exact scenario to our clients and, if it does hold true and the DOW ends the day in negative territory, this may just end up being the top in the Stock Index futures.
Stay tuned!
Dale F. Doelling
Chief Market Technician
Trends In Commodities
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