INDU. State of the market.

Posted on May 21, 2011 by in Letters

Five years of the Dow.  And everyone and his dog (of the Dow) is anxiously asking what's next (?).  Well, what is next?  First of all a trend this powerful and long is not reversed by a few talking heads and pundits carrying end of the world as we know it signs.  As an example of how wrong they can be, is the rapture occurring in your neighborhood today?  There.  Of course that guy with the sign will be right one of these days.  But not today.

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