As I write this we have just closed the month of November
2016. The DOW closed at 19,123.
This is good stuff, I said it in November 2013 and said it
again in July of 2016, I see no reason to not be all in the total American
stock market.
I have not been issued a sell signal, just conformation of
additional upside action.
Now that we reached my prior forecast of 18,974, it’s time
for a new forecast.
Here you go: I am now
expecting the Dow Jones Industrial Average to trade at 20,193.There you have it.
Once we get there, I will provide additional insight. If something crazy happens, I will also let you know what I think the market will do and what I plan to do about it.
For now I will continue to invest any long term money that I have, using dollar cost averaging, in a no-load, mutual fund that mirrors the complete U.S. stock market (Wilshire 5000).
Thanks for visiting, don’t be a stranger.
