Archive for: June 2011

June 11, 2011

Dow Jones Chart – Where is Support?

Filed under: Finance,Indices,Stock Charts - 11 Jun 2011

I charted daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, June 10, 2011 at 11,951.91.  A couple of weeks ago when I charted the Dow Jones I …

June 10, 2011

Patience is a Virtue

Filed under: Finance - 10 Jun 2011

I’ve been fairly quiet with my account over the past six weeks of market declines.  I like to consider it patience more than paralysis by fear.  Based on the way I structured my account this year using longer dated options, …

June 4, 2011

S&P 500 Chart – June 3, 2011

Filed under: Finance,Indices,Stock Charts - 04 Jun 2011

I charted the S&P 500 index ($SPX) after it finished the week at 1,300.16 on Friday, June 3, 2011, just above the key psychological round 1,300 mark.  This week marks the end of the first five week losing streak since July …

June 2, 2011

End of the Month Summary – May 2011

Filed under: Account Summary,Finance,Indices - 02 Jun 2011

Last month I started out my summary pointing out that we were going to have a down month soon.  I didn’t realize it was going to start on the first day of the month and carry through for four uninterrupted …

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