Dow 10,000? TA Says Low
This column was originally published on RealMoney on Nov. 30 at 8:10 a.m. EST. It's being republished as a bonus for TheStreet.com readers.
Yesterday, I promised to state exactly how far the Dow Jones Industrial Average would drop in the coming months. Of course numbers like the one below are always a combination of TA and artwork. In fact, the further one goes out, the more artwork -- or even guesswork! -- is involved. Nevertheless, here goes! (See the first chart below.) Today, charts for: the Nasdaq; Occidental Petroleum(OXY Quote); Ball Corp.(BLL Quote); IBM(IBM Quote); Chicago Mercantile Exchange(CME Quote); and Qualcomm(QCOM Quote).
And that is the final word from the Washington Post Style section, where yes, I'll finally come clean: I've turned into a Su Doku addict!
P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.
Charts produced by TC2000, which is a registered trademark of Worden Brothers Inc.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 33.80 |
Oil *
77.73
|
|
DOWN
86.53
|
DOWN
9.32
|
DOWN
11.89
|
UP
0.57
|
10 Yr
3.38%
SPDR Gold
118.70
|
|
-0.83%
|
-0.84%
|
-0.54%
|
+1.72%
|
Data delayed 20 minutes |














