Dow Jones is going Down!
Dow Jones Industry Average. It represent the average stock prices of 30 of the largest and most widely held public companies in the United States.
Yes the United States. So what has that to do with you if you trade outside of the States?
Arguably little.
But United States being the largest economy in the world - okay, a lot.
What you'll likely find is,
Dow Jones goes up, the world market goes up.
Dow Jones goes down, the world market goes down.
It's that unfair, it can be that simple to know when to buy and sell.
However, as Dow Jones highest index value managed to hit close to 14,000 points July last year, and now it's hovering around a new low of 7,000. That's 50% wealth wiped off the market in less than one year no matter how you try trading against it. That probably says the same about your local indices too.
Problem is? Are we there yet? Are we there yet? Are we? Are we?
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