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Saturday, January 30, 2010

American Stock Market Trends – Dow Jones 19 to 22 January 2010 - Review



In the forecasts provided for this period it was stated as follows :





Date
Trend
Remarks
From
To
19 January
22 January
Fall
Both way movements. Market may show internal strength by way of investor confidence. But may still fall in the wake of various forces and volatility. Market holidays on 23 Jan and 24 Jan.



We give below the actual Dow figures for the period. Compare Dow closing of 22 January to the previous close of 15 January

PRICES


Date
Open
High
Low
Close
Volume
Adj Close*
22-Jan-10
10,389.58
10,450.04
10,133.15
10,172.98
6,208,650,000
10,172.98
21-Jan-10
10,603.91
10,651.14
10,334.18
10,389.88
6,874,289,600
10,389.88
20-Jan-10
10,719.69
10,719.69
10,492.36
10,603.15
4,810,560,000
10,603.15
19-Jan-10
10,608.37
10,763.45
10,555.47
10,725.43
4,724,830,000
10,725.43
15-Jan-10
10,706.99
10,736.54
10,529.09
10,609.65
4,758,730,000
10,609.65
Close price adjusted for dividends and splits.



If you look at the actual movement of Dow, you will realize that there was a lot of volatility and on 19 Jan the market actually went up by about 116 points. But within this block of forecast, there was a total fall of 437 points, from 10609 to 10172.

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