Wednesday, June 29, 2011

Summertime Report

We seem to be progressing in a manor not uncommon or unexpected. A quick check of the Wilshire 5000 index shows a retracement to support 1st discovered in March 2011. We jumped off that and appear to be headed, in the short term, to around 14,600 (we are currently sitting around 13,700). Maybe getting there sometime before mid September. This would translate to around 12,900 in the Dow (currently at 12,100). So just keep dollar cost averaging into the total stock market and you should make money. Chit-chat later.

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