Wednesday, July 29, 2009

More Optimism from Bloomberg

Dow Sends Buy Signal That’s Worked Since 1921: Chart of the Day . New reasons to keep driving this irrational rally keep sprouting. Excerpt:

"The Dow Jones Industrial Average is sending a buy signal that has foreshadowed
gains of 18 percent during the past nine decades. "

Here's the Chart, which only goes back historically to 1989, and is not attached in the above article:

No comments:

Post a Comment