Where is the bottom in the Dow? Does it matter?
Posted on Wednesday, February 18th, 2009 | In Market Commentary, VideosToday we looking at trends and how important they are in trading.
In particular, we’re going to be looking at the DOW (DJI) and how it has continued to trend since June of ‘08.
I have watched with amusement, as several “GURUs” have been trying to pick a bottom in this index. As I have stated many time before, it’s not over till it’s over and trying to pick bottoms is not a smart thing to do.
The negative trend for the DOW is intact and remains in place. In this new video, I will share with you a simple trick that will help you to avoid the temptation of trying to pick a bottom. In fact, I will show you step-by-step why the DOW is still in a negative trend.
The video is free of charge and there is no need to register to watch this short educational trading video.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
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Jim Musselwhite is the Publisher and Editor-in-Chief of StraightStocks.com
A long time investor himself, Jim set out to build a truly global resource for investors. His philosophy reflects the belief that, to be a successful investor, one must start by recognizing that Wall Street no longer represents the typical investor's interests. Successful investors must identify hidden investment opportunities in foreign stock markets. That means going beyond traditional tools like ADR's and emerging market funds to find truly spectacular investing opportunities for the long run.
StraightStocks.com makes it a point to locate content contributors who are experts at identifying and analyzing hidden foreign markets and investment sectors.
Jim has served in a variety of sales and marketing management positions over the last 25+ years with such Fortune 500 firms as Texas Instruments, NCR, AT&T, and more recently as Marketing/Alliance manager with a financial services firm specializing in tax compliance.
Jim is currently an independent online publisher. In addition to StraightStocks.com, he owns a number of authoritative website properties.
Educated at the University of Virginia (BA) and the University of Tennessee (MBA), Jim and his family now reside in Atlanta, Georgia.