#DOW @19000 Is Respected! Others May Disagree.

Variety of opinions have risen eversince the #DOW closed above the 19000 market that we have projected within the 4th quarter of 2016. After being tested summarized in three (3) major occasions from a decline in Aug 2015 with a low @15370; another re-test of the low last January 2016 @15500 (market shake-out) and pivoting towards a rally which slowed down with a consolidation period that generated a market stir in post election day, then finally making its run to the current price level above 19000.

Other analyst and traders who apparently have missed the ride obvioulsy thinks otherwise. "No Big Deal' is what is being circulated on the newwires. With so many angles to be said, and that it took the DOW almost 500 active trading days to make 1k points on record compared to the three previous benchmark which was well anticipated by the market participants. This time not a lot of our prominent & legendary fund managers have been able to ride on to this glorious day. As some of the better known money managers have double-down their bets and called on a decline since the middle of 2016. Unfortunately now they maybe down on their luck.

Even Jim Rogers down in Singapore sees troubling times ahead of the figure for the US stock. Quite a handful of legendary fund managers did the same the likes of George Soros who have switched alternative investment with Gold ahead that also saw a major correction below the USD1250.00/oz level with Oil prices making a come back in the market prices above USD48.00/bbl.

With that said, the markets are undoubtedly have made historical highs is something to be respected & celebrated especially who have taken the ride to this point. And whether or not for those who have missed out the rally there will always be another leg after a considerable correction would be made. How soon is the USD50k question. Nevertheless, we'll take what the market had just offered as it already justified our market call since September 30, 2016.