Downjones new record high
Friday, May 18, 2007
Chart courtesy of stockcharts

Dowjones hits new record high today at 13,558.48, helped by another round of corporate takeovers prodded investors to continue a largely uninterrupted months-long buying streak, and from preliminary Univ. of Mich. Consumer Confidence for May rose to 88.7 versus estimates of 86.2 and a reading of 87.1 in April. U.S. stock market post the seventh straight week of gains. Even in Overbought conditions markets continue their movement always in the same way UP !! Amazing !!!

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

 
posted by Pro Investor Trader at 2:22 PM | Permalink


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