The Dow Jones closed yesterday above 13,200. Certainly nothing to sneeze at. In fact , since breaking 13,000 it has creeped above 13,200 a number of times . But due to a variety of factors it cannot get to the next plateau (or even 13,300 for that matter ). More and continuing bad news coming out of Europe has put a damper on things. Be patient.
My prediction: Next week we string a few strong days together, get over the 13,300 hump and "13,500 " here we come !
Be positive!
Wall Street Economist Steve "Market-Watch" Goldman reporting from Broad and Wall.
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