DOW 13,000 - July 2006

Dow 13,234 - July 2006?

The data says so. At minimum, 12,136 up to 13,234 - target 12,685.

We have a pretipice Kitchin Cycle under way since 2002. All cycles end in parabolic blowoffs and the one is showing signs of climbing the wall.

Updates monthly on this to come. As for the NAS, it will go nowere in this ramp! Look at my next chart as to why.

As for the downside once this cycle breaks - DOW 2,115? Before this bear market is done, 4,230 and even as low as the 2,115 is VERY POSSIBLE.

West