Stock Market Comments: Dow Jones as of October 4, 2011

October 4, 2011 by Thomas Mullooly

Last week, we reviewed the action on the Dow Jones Industrial Average (DJIA). The date of that chart was September 27, 2011. In light of yesterday’s activity in the stock market, I have prepared a short, two minute video to review what is happening — just one week later. The great thing about point and figure charts is they allow us a clear view of what is happening RIGHT NOW.

We do not have to be bothered with predictions of where the market is heading.

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About Thomas Mullooly

Thomas Mullooly is owner and founder of Mullooly Asset Management, Inc. In 2002 Tom opened Mullooly Asset Management, a fee-only investment advisory firm. As an investment advisor, and not a broker, Tom works strictly for his clients. With the help of point and figure charting, Tom builds a realistic game plan for clients.