To: MNJohnnie
Just got this in an email from a financial newsletter:
The markets have been a bit stronger than we expected here, but note that the Dow's all-time intraday high on 1/14/00 was 11,908.50 before it closed at 11,722.98. So, although we have broken above the all-time closing high, we have yet to head into new territory. So, the real resistance is at 11,908.50 and we are less than 1% away from that target.
72 posted on
10/04/2006 11:55:51 AM PDT by
RobFromGa
(The FairTax cult is like Scientology, but without the movie stars)
To: RobFromGa
The markets have been a bit stronger than we expected here, but note that the Dow's all-time intraday high on 1/14/00 was 11,908.50
I don't think this is factually correct. The previous non-closing high was 11,750.28 on 1/14/2000.
To: RobFromGa
So, the real resistance is at 11,908.50What would cause significant supply at that price?
84 posted on
10/04/2006 12:08:04 PM PDT by
Protagoras
(Billy only tried to kill Bin Laden, he actually succeeded with Ron Brown and Vince Foster.)
To: RobFromGa
That is a an apples to oranges comparison the "Analysis" suddenly discovered to talk about. The Dow Jones Average is a different measurment then the highest price number they suddenly want to talk about in their "news" letters.
90 posted on
10/04/2006 12:14:27 PM PDT by
MNJohnnie
(Say Leftists. How many Nazis did killing Nazis in WW2 create? or Samurai? or Fascists?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson