Taipan Financial News Chart of the Day
Today's TFN Chart of the Day is Sponsored by:
|
Dow 16,000
Chris DeHaemer, Publisher, Red Zone Profits and GRESSOR
October 20, 2006
Dow Theory states that when the smokestacks and the trains are both going up we are in a bull market. This simple theory has been wrong only once in 106 years.
This is a 10-year chart of the Dow Jones Industrial Average (green) with an overlay of the Dow Jones Transportation Average (brown).
The far left of the chart shows 1997. As you can see, the industrials and the transports were hitting new highs at the same time. This signaled a green flashing buy for the greatest bull market of all time. Over the next three years the Nasdaq went from 1,181 to more than 5,132.
If you look to far right of this chart, you will notice that the industrials have hit an all-time high. What you may not have realized is that the transports have also recently hit an all-time high. Yet one more reason to be long and strong, and part of why I believe the Dow Jones Industrial Average will hit 16,000 by the spring of 2008.
A final note from Chris...
Every few years, I come across an investment opportunity so remarkable and potentially profitable... and so low-risk... I'm willing to stake my entire reputation on the performance of that recommendation. And that's what you have in this new opportunity.
Find out how to book a 145% gain by November 27. It's a way for you to get in on the same technology that launched Toyota Motors (Crushing Ford and GM in the Process). And it will soon be unveiled by this $1.80 railroad stock. Learn more about your potential profits with this investment strategy here.
Copyright 2006, The Taipan Group, LLC, Red Zone Profits, GRESSOR , Taipan Financial News,, and Dynamic Market Alert,
808 St. Paul St., Baltimore, MD 21201.
All rights reserved. No part of this report may be reproduced or placed on any electronic medium without written permission from the publisher.
Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.