November 23, 2009

Will The DOW Reach 11,000 By December 1, 2009?

Today the DOW is sitting right around 10,450. Although the daily chart may look a little "iffy" the weekly and monthly DOW charts look poised to forge ahead into higher territory.

Naturally,  all this remains to be seen as we all find ourselves getting ready to feast for the Thanksgiving holiday. It will be interesting to see if Black Friday is as big a shopping day as has been anticipated by some analysts.

It remains to be seen if investors will lighten their load and sell off some of their holdings in an attempt too calm their nerves as we approach the end of the year.

Have a Happy Thanksgiving!

Filed under Stock Trading by Tony

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