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Thursday 15 August 2013

DOW - Close to 5 years Bull?

Jan’00 DOW hits a high of 11,800 before its crashed to a low of 7,200 in the year of Oct’02.  (about 2 years bear).
Oct’06 (4 years later) DOW crossed previous high (11,800) and in Nov’07 DOW hit 14,200.  (5 years bull)
Then it crashed it way down to 6,400 in Mar’09.  (1.5 years bear)
Mar’13 DOW (again 4 years later) crossed previous Y2007 high (14,200) and hits 15658 on 20-Aug’13.

Will history repeat?  If yes, bear should come in somewhere around Mar’14.  Nevertheless, I know I need to be on-guard by now.  I will be watching very closely on the movement on interest rate, 10 years US Treasury, oil and gold, tapering and the retirement of Ben Bernanke.  

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