Dow 12,000 What's Next?

Filed under: Good news, Personal Finance, Headline News, DJIA, Federal Reserve

The Dow broke 12,000 today. What's next? Again we have those who say the glass is half full and those who say it is half empty.



Traders believe that the glass is half full. Dow 12,000 is only a number, although a psychological number. Round numbers catch the public's attention. There will be sellers screaming 'get me out' if they have recouped their losses. The market probably will absorb the half empty guys and march upward. That may not be a straight line, but the momentum is strong enough to push higher.

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Dow 12,000 What's Next? originally appeared on BloggingStocks on Wed, 26 Jan 2011 16:30:00 EST. Please see our terms for use of feeds.

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