Nice July close
.. The last 2 weeks of June the CNBC commentators main topic was ""the summer slump"" and the the month of July shows gains of 3.5% too over 6% on most Indexes 
not too bad . I am not a real big fan of Jim Cramer, but he did make a couple of good statements on last weeks shows.. Don't pay any attention too those announcers and analysist,, they are in the business of making money for themselves and the company "NOT YOU". Get yourself a good indicator and follow it,,,, not their advice....
With the SPX, MID, SML, RUT, NYA, COMP, and WILSHIRE at or above yearly highs, I would say that at the moment the trend is sitll up. Of course that is subject too change quickly, so I just try too follow my indicators, probably "not" as good as Cramer's, but the best "I" can do. Couple of different indicators on the S&P and the two bottom charts of the Dow......... All the best trading too everyone
The DOW is the lagging Index and seems too have met some ressistance at the upper trendline.......
Everyone have a great weekend and a good week ahead of trading !!!!!!!
Edited by samsung, 30 July 2005 - 02:38 PM.
