Wednesday, September 15, 2010

DJIA
open 10,526.42
close 10,572.73 up 46.24
day high 10,587.80
day low10,480.78
today's volume 167,420,793
3mo avg. daily volume 197,350,249
DJTA
open 4,450.73
close 4,474.17 up 23.44
day high 4,483.35
day low 4,423.83
today's volume 13,313,288
3mo avg. daily volume 17,689,467
An almost 50/50 day today on the advance/decline ratio's... although obviously favored enough in the advance side to push us back up to a positive.  Every single day we have a moderately rising market on drastically declining volume, I get more and more confident that we will see some debacle in the next 6 months... targets aiming right for mid to late November, but to me it seems a little too cliche or obvious to have a drop right after the mid-term elections.

All I know is I've said it before and I'll say it again right now, I can't envision 11,000 on the INDU's ever again... well, perhaps after hyperinflation pushes the prices of everything up...

... now a 2:1 gold/dow ratio also seems a little interesting in the mean time...


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