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SPDR Dow Jones Industrial Average ETF Message Board

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  • marketcrashcomming marketcrashcomming May 18, 2007 12:25 PM Flag

    How I'm playing the DIA

    DIA overoverover due for correction

    Question is when?

    I will say Monday!!!!!!!!!!!!!!


    Everyone one will think new high on this weekend says

    GEE WE push the dow too much!!!!!!!!!!!!!!!!!!

    lol

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    • I think you're saying monday out of speculation. If and when the market is going to go down is just about anyone's guess. Personally, I would like to see the market go down, it would be healthy, but in reality I don't think it will. I think we won't see any kind of major pull back til around 13,800 to 14,000, because it's being pumped by outside money, and companies have reported better than expected earnings.

      The dow going to this level has everyone thinking of the nasdaq when it was around 5000+, now the investor thinks a major correction is under way, thinking the past is going to repeat itself and that's the biggest mistake the average investor makes. Just when you think things are going to go in one way, they go the opposite way.

 
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