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Since Monday Dow Jones added few hundred points again to it’s tireless rise. Shorts must be dazed,dazzled and confused and that is how these games are played , do the unexpected is name of the game that wall street plays … having said that, I repeat what I wrote before, end of October (this week) and whole of November be very careful going long, because if there is going to be a large drop (it may even start today) , this is when the drop could happen. We could indeed continue the rise to the new year without having any significant pull backs on DAX, FTSE, S&P and Dow, but caution is king, November could/may/might put the fear into bulls and make them think the bull market which started from 2008 is over. I say not over at least to 2018.
I still feel we will make historical highs on all four indexes by Christmas and New Year, no crash this year, and bull will continue right up to new years day.
Dow Jones 25,000 a real possibility by new year.
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All in my humble opinion and no financial advice intended.
Andre Minassian
Always expect success
Frightening times Sir, dazzled and dazed are apt to say the least, what are they up to? 40% rise on dJIA this year, as if these are Indian or Chinese markets, nothing on the ground in US has got better, it’s all talk.
Thank you for your thought and greatful
Andre I’ve been long on S&P since September, too busy to trade or even watch it most of the time which has proved to have worked to my benefit this time, having a month off work Nov and will look into your course, I am so intrigued and curious as to it’s content, will probably be asking lots of questions,,kindest regards and thank you for your thoughts Sir.
Very interesting thoughts Sir,~ wonder if they will surprise us to the upside or the downside? I keep wondering what next? lets say we move to 25k then what of it? the strangest thing I’ve seen since 2008.
Appreciate and respect your thoughts, you have figured it right more than anyone else I have read this past year. Will check out the course this evening, intrigued !!!
What a superb call for today Andre
You are indeed the master Sir
genuine respect :)
M