I’ve been waiting for the past couple of months to see a correction in the markets with the belief that we’ve gained too much too fast. I was expecting at least a 10% pull back, but now that we’re in the middle of the correction I wonder if we could go further. Earlier today the DJIA was down almost 9%…
Month: July 2009
Dow Jones Chart (DJIA) – July 2, 2009
I charted the Dow Jones Industrial Average ($DJI) after it closed on July 2, 2009 at 8,280.74. The moving averages tell the story most clearly maybe. The DJIA is trading below its 10, 20, 50 and 200 day moving averages. (The 200 sma didn’t fit on my chart, so I penciled it in blue above.) …
End of Month Summary – June 2009
June was a decent month for me. I gained $1,178.78 not counting the deposit I made. That’s an approximate gain of 1.5% since the end of May. I didn’t hit my goal, but did end with a higher balance than I started with and that’s very important, especially since June 2008 was a down month for me. Looking at…