Dow Futures Going up in Overseas Trading

Discussion in 'Stock Market' started by william the wie, Feb 19, 2018.

  1. william the wie
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    william the wie Gold Member

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    The justifications given boil down to the markets getting ahead of themselves. The consensus advice is to buy the dips. That works out so well so often.
     
  2. BuckToothMoron
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    BuckToothMoron Gold Member

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    I believe we’ve only seen the first wave down. I think the DJIA sees 17,000 before it sees 27,000.
     
  3. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    The market saw the rising interest rates and reacted with a yawn because it had anticipated it and had already corrected.
    But next 6 weeks or so will continue to be a roller coaster as the market begins making corrections.
     
  4. william the wie
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    william the wie Gold Member

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    If the 24,000 resistance level holds in the normal post April 15 dip then you are likely right. If not then I suspect BTM would be closer to the mark.
     

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