Dow pull back to 16000


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A DOW pullback 16,000

As the market has seen recent a hasty a pullback is only in a little, but what level remains the question?

Standing in line with forecast an economic advisers I predict a pull back to the 16000 levels is more than likely inevitable as the Bulls shy away from the market and the bears take hold, short positions are taken more aggressively people become fearful, profit taking becomes the norm for all the big institutions..

With the banking earnings due up next week from the US the market should see jitters until a point, these earnings are expected to be higher as consumer confidence and lending improves.


Although tension with Ukraine & Russia are not at their best, markets have somewhat shrugged that off..

Natural gas seems a really good long position to be in now.

The Eurozone is not doing as well as the US, the ECB stated. The Eurozone is at a sluggish pace and the US has outperformed, even though both economies are consumer economies the Eurozone dampens and depletes with it's skeptics raising more new concerns each day..
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