Today I watched as the average bounced all over and around this level.
In just a few minutes the market will close and I'm looking at a DJIA number of 9607. I won't have this post finished before the market closes but I'm pulling for 9606. Why? Because in my own little numerology world, 9606 is a great number. Again you ask Why? Because 9+6+0+6 = 21! And in my book 21 is a great number.....
Oh well, the market just closed and it looks like the final number is going to be 9605.41
(go ahead - round that number up to 9606)
Now that's just freaky!
(or really poor investment performance)
Here's the chart for the DJIA over the last 8 years.
For comparison sake, .... look at the chart for the past 30 years:
It looks like the overall upward and positive trend of the DJIA somehow fell off track around the year 2000 and has been searching for a true course ever since. It tried to gain some steam in 2003 but fell off again in 2008. If you look carefully at 2009, it appears that we may be gaining some upward momentum again and are headed higher.
Only Time Will Tell.....
But I'm hoping that the DOW will charge higher well into 2013 which just so happens to be the projected completion date of 1 World Trade Center
(formerly known as the Freedom Tower).
(We need collective positive thinking- Help me out!)