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Log Chart of the DJIA from 1900 Resistance and Support levels for the DOW - Log Scale |
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November 16, 2013: This DOW chart below (Chart 3) shows resistance and support levels for the 30-stock Dow Jones Industrial Average on a log scale.
Today's San Jose Mercury News made NO MENTION that BOTH the DOW and S&P500 closed at record highs yesterday. Hell, they don't even give us a separate business section any more!
The Business section is now only 3 pages starting at B6 in the "Local
Section" just before weather and they spent about a page worth of it
with an interview of some woman who used to work at Cisco and is
starting to make enough from her own new business that she didn't have
to sell more Cisco stock to fund it. At the tops, we usually hear about
the newly minted millionaires and billionaires!
Chart 3: Log Chart of the DJIA from 1900 Click image to see full size version |
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TOP of Page note 1. Source: chart from siliconinvestor.com |
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