Market Review – Week ending 4/3/09

By James | April 4, 2009

The Dow Jones Industrial Average is up for the fourth week in a row and has completed its push to the 8,000 level I mentioned a few weeks ago here. It actually reached 8,075 this week but pulled back to close the week at 8,018.

Not much buying online propecia new to report since last week. We are still major overbought here cialis online order and as I mentioned last week there is heavy resistance in this 8k area. Take a look at the chart below and notice the white line.

Buy Levitra Super Active+ alt=”Dow Jones Average – Weekly Chart” width=”460″ height=”284″ />

Dow Jones Average - Weekly Chart

That white line is the 21-week amoxil pill moving average. A moving average is just the average price over a specific time period. In this case it is the average closing price of the last buy cialis online 21-weeks.

We were long overdue for a pullback to cytotec generic touch this level. It helps to think of the market as a rubber band that can stretch only so far before it has to snap back. The stock market never goes straight up or straight down. It always pulls back to the buy amoxil online moving average eventually.

Next week, the market could still run to the 8,200 level and touch jelly kamagra the moving average. how to buy clomid After that I would expect a significant pullback.

Be careful out there.