Has the Stock Market Crash of 2010 been averted due to the loudly proclaimed “economic recovery”? This article is a continuation of the earlier DOW JONES – Stock Market Crash 2010 written in January, and in response to an email sent by a reader of that article. Reader’s email: Your 1/24/2010 doom piece seems to …
The Dow Jones Stock Market Crash of 2010 looks like it’s begun, with the third week of trade for 2010 showing a 5% decline from top (see Chart below). A stock market crash is defined as a sudden dramatic decline, of 10% or more, in the stock market index. So, another week like this, …
The Dow Jones Industrial Averages has finally hit the 50% retrace point this week, making what appears to be the major high for 2009, or final top of its massive bear market rally – see Chart. This top was mentioned in previous articles here, as likely being around the level of 10,360 points, the 50% …
The Dow Jones Index (14 October 2009) rose above 10,000 points for the first time since early October 2008, as US stocks powered higher. Investors cheered at the New York Stock Exchange, as the Dow Jones Industrial Average broke the psychological 10,000 point barrier, finally closing at 10,015.86 points. This is the first time the …
The Dow Jones Industrial Averages made a new high in its current bear market rally, Friday 21 August 2009. Made high at 9549 points, closed at 9506. See also: DOW JONES October 2009 Rally breaks 10,000 points DOW JONES Major High November 2009 The Dow’s chart seems to be following the bear market fractal, of its chart from …