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DOW passes 16,000 - where next?

Good morning, readers.  As the DOW passed 16,000 yesterday, I didn't write anything at that moment.  Regular readers of my column/blog will surely know that I was one of the few to suggest the DOW would go past 14,000 - then past 15,000 (the magic of 15,000) - and only recently 16,000.  I was of the view that the DOW could even do 17,000 this year, in the next five weeks or so.  A thousand points in say 25 working days, is it possible?  I shall wait to assess the markets further before I would commit to such a suggestion. 
 
In the meantime, I imagine a lot of punters will take some money off the table, and put into alternative markets.  India SENSEX has seen more inflows in last few days.
 
If not this year, then certainly I believe the DOW will hit 17,000 in next few months, on the proviso that the feel-good is assisted by the candy distribution, on which the panel will decide in the US this week.
 
That's all for now.
 
I wish joy and success to all my readers, in Netherlands, Fuzhou, California, India, Kenya, Tokyo, etc, etc.
 
Kind regards,
Duru-darshan.
 
Caveat : Everyone trades entirely at their own risk, I am merely sharing my views.
 
 
(c) Copyright  19th November 2013, Durudarshan H. Dadlani.
 
 
 

5 Comments to DOW passes 16,000 - where next?:

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seo company on 22 November 2013 13:19
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replicas relojes suizos on 02 August 2014 15:03
Te motivas mucho porque es un partido que a todo el mundo le gusta jugar, pero tienes que controlar eso y no pasarte de motivaci porque eso puede ser malo". A los seis a?os de edad, Rubén Blades ganó un concurso de cuentos para ni?os de primaria. Los chicos, que no necesitan excusas para divertirse y expresarse, hacen pie en las canciones para revelar historias, arriesgar variaciones espontáneas en la interpretación de las canciones, aportar sus pensamientos sobre las cuestiones que plantean, replicas relojes espana tar la risa.
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