Friday, April 29, 2005


The indecisive Dow closed up 122 points today. Usually when market direction is questionable, the price range during the day is small. I've never seen days move and down so greatly. The price bar did turn red and I expect the downtrend to resume...one of these days now. The weekly DJIA, the post above shows, is still negative and that is an indication that the daily Dow will resolve this schizophrenia to the downside.

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