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Thursday, February 08, 2007 10:18:26 PM
Chart of the Day - COTD - Dow at top of 3 Year Channel:
http://www.chartoftheday.com:80/20070209.htm?T
Despite a host of concerns (weakening economy, softening housing market, geopolitical issues, etc.), the Dow continues to trade near record highs. However, it should be noted that the Dow is not yet in the clear as the Dow currently trades at the top of the three-year trading channel (see red line). Stay tuned...
http://www.chartoftheday.com:80/20070209.htm?T
Despite a host of concerns (weakening economy, softening housing market, geopolitical issues, etc.), the Dow continues to trade near record highs. However, it should be noted that the Dow is not yet in the clear as the Dow currently trades at the top of the three-year trading channel (see red line). Stay tuned...
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