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Dow 10,000 May Be Ceiling for Years, Patterns Show
by w1ld at 9:56 am EST, Dec 31, 2003 |
] NEW YORK (Reuters) - Although the Dow has closed above
] 10,000 11 times so far this month, it's likely to be
] years before the oldest and most widely watched U.S.
] market measure stays over the mark without falling back.
]
] "If there is a possible correlation, we can expect
] essentially a trading-range bound progression that could
] indeed last up to 20 years, or toward the years 2015-20,"
] said Alan Shaw, a technical analyst at Smith Barney, in a
] recent study. I hope they are wrong. |
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RE: Dow 10,000 May Be Ceiling for Years, Patterns Show
by flynn23 at 2:53 pm EST, Jan 2, 2004 |
w1ld wrote:
] ] NEW YORK (Reuters) - Although the Dow has closed above
] ] 10,000 11 times so far this month, it's likely to be
] ] years before the oldest and most widely watched U.S.
] ] market measure stays over the mark without falling back.
] ]
] ] "If there is a possible correlation, we can expect
] ] essentially a trading-range bound progression that could
] ] indeed last up to 20 years, or toward the years 2015-20,"
] ] said Alan Shaw, a technical analyst at Smith Barney, in a
] ] recent study.
]
] I hope they are wrong. yes, but how long before NASDAQ 5000 again??? |
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Dow 10,000 May Be Ceiling for Years, Patterns Show
by Decius at 11:26 am EST, Dec 31, 2003 |
] NEW YORK (Reuters) - Although the Dow has closed above
] 10,000 11 times so far this month, it's likely to be
] years before the oldest and most widely watched U.S.
] market measure stays over the mark without falling back.
]
] "If there is a possible correlation, we can expect
] essentially a trading-range bound progression that could
] indeed last up to 20 years, or toward the years 2015-20,"
] said Alan Shaw, a technical analyst at Smith Barney, in a
] recent study. Get ready for a boring economy. |
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