Sell in May and go away?
We at Getting Technical are followers of Dow Theory because of its long term history of making correct calls on bull and bear markets
We are currently in a Dow Theory "sell" mode but some argue we have just got a Dow Theory "buy" signal
Don't buy it!
More on that latter
At the moment the Dow is having difficulty pushing through resistance at the 13000 level.
Will the Dow falter here? For the answer count the vertical ROC% bars from the January low to date - about 15 - a very mature intermediate cycle
Stay tuned - Bill Carrigan
We at Getting Technical are followers of Dow Theory because of its long term history of making correct calls on bull and bear markets
We are currently in a Dow Theory "sell" mode but some argue we have just got a Dow Theory "buy" signal
Don't buy it!
More on that latter
At the moment the Dow is having difficulty pushing through resistance at the 13000 level.
Will the Dow falter here? For the answer count the vertical ROC% bars from the January low to date - about 15 - a very mature intermediate cycle
Stay tuned - Bill Carrigan
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