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 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 …