DJIA Daily Wed 16-Nov-2004

The market moved up sharply, on bad news no less, and though came down some, ended 62 points higher. The bad news was a higher than expected CPI number suggesting higher inflation in the future. The market may be turning over, but it's going higher first.

Will the new target of 10814 hold? As long as the bars are green and the blue line is over the purple one, we'll stay long.