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To: wagglebee
Actually, the high from interday trading was more like 11,750 (this is from the same day in January, 2000 when it had the record close).

Exactly, and not an insignificant distinction. Let’s wait and see the close before we get too excited.

Usually new highs are achieved after sell programs at the top are consumed.

33 posted on 09/28/2006 6:51:08 AM PDT by 728b (Never cry over something that can not cry over you.)
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To: 728b

Tomorrow is the last day of the quarter (and of the fiscal year for some), it wouldn't shock me to see a pull-back of a couple hundred points between today and tomorrow as traders try to lock in profits. Don't get me wrong, I still think we are going to see the Dow in record territory, but it will probably be a few weeks away.


41 posted on 09/28/2006 6:56:53 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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