If you have been following this blog and read about the
Dow Theory in this blog and/or from elsewhere, you have probably got the message from the market already. Yes, sometime the market sends out messages that are loud and clear and not complicated. But the value of the message is only as worthy as the recipient's ability to interpret it. Here is what the market has been saying (see the charts).
Lets remind ourselves that the market from time to time will tell us where it might be headed, but it will never tell us when it will get to where it plans to go or how it will get there. It is the unknown of 'when' & 'how' that makes this game so challenging.
(click on the chart to get an enlarge view)
DJIA:
DIA:
Disclosure:
Long DIA Call & Call Spread.
