
As expected, the Dow closed down today, 111 points down. The market reporters said it was because GM came in with lower than expected results for last quarter. I didn't know, or expect GM to report as it did and even so, GM's report may not be why the market closed lower. Technical analysis of the type I do predicted lower prices--I didn't need to know any "fundamental" market reasons for it. Looking toward the 10375 target which we'll probably make on Monday.
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