It's OK to be a Bull or a Bear but not a Chicken or Pig

So I was too chicken to call time on my last price where all along I thought price would be hit before April of 2011. Well, I will now go back to forecasting time along with price. Only because it's so impressive when you hit it. We got our 12,273 in the Dow, but the pull back hasn't happened yet.
It does not matter. There is still lots of upside left in this market. This is what I'm calling now, some zigs and zags but overall up. I expect Dow 15,000 before End of 2012. We are currently sitting at Dow 12,391. Stay tuned and fully invested in the total stock market.

New Year! What's UP?

Well, the markets are going higher. I haven't posted for awhile because there has been nothing interesting to post about. We did not get our 11,500 in the DOW by the end of July 2010. But that's OK. We actually got it in mid December. So I was 4 1/2 months early on the time even though the price was good. And as we all know, we only care about price.

I think we have more up side in 2011. In the short term I'm calling for DOW 12,273 (currently we are closed at 11,787). After we hit 12,273 or so, there may be a pull back to the 10,900 area before we head on a run at 13,000.

Since I seem to be so bad on dates, I'm not going to give out any this time :)
So with that, I will continue to invest in the total stock market.
See you when something interesting happens.

Not Done Yet

Not a whole lot to say here. We did not get to our 11,500 level in the DOW but that's OK.
This market is still technically valid and bullish. We will keep adding money to it via DCA.
Although I have heard one major investment advisor proclaim a buying opportunity recently meaning everybody should go all in. Talk to you later.

Summertime Markets

This market looks to be building a base of good support in the 9700 area of the Dow.
What I'm looking for is more upside. It's been tough getting to where we want to go because the world is so financially intertwined.
You know, when almost any country burps, it seems all countries hiccup.
In any event, my last forecast still stands.
See you next month.

Not Dull Anymore

Our forecast was for DOW 11,300 before 07/31/10. We hit DOW 11,258 on 04/26/10 before we started to go back down. That's 42 points short of our target 3 months before our time estimate, that's pretty good. Basically we have hit our target because I consider price to be more important than time. Since then the market has retraced a lot of that move. On Friday (05/21/10) the DOW touched a low of 9,918 before staging a nice move up.

There's lots of support at that level so a bounce off that number is not a surprise. For all intent and purpose, hitting our target so early, I am willing to believe that there is more additional upside here. This market is trying to get some strength together for another push higher.

My new forecast is for this low to hold (within 100 points) and move to the neighborhood of 11,500 before the end of July. If this market does not hold this low, we may have some issues to deal with.

Dull and Boring

This market as represented by the Dow is continuing to move toward our projected short term target of 11,300. There is nothing new for me to report. This market is dull and boring, just as it should be, just like we like it to be. I will continue to DCA into the total stock market.

How Do We Look Today

Looking at the Dow on a weekly chart we got a real nice move off the 23.6 FIB line and I would not be surprised to see us take out the 10,729 high this week. So we will just keep doing what we're doing and DCA into the total market.