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Dow to peak soon

The Dow is approaching a major high where shorting will become advisable
January 30, 2013

The Dow is well on its way to my major Gann Theory derived target at 14545, says Warren Firth at www.globalprimepartners.com.au.

This objective - which represents an 800 per cent move up from the 1987 crash lows - is well on course to be met in the first quarter of this year, in my view. I would seek to enter shorts at 14545, therefore. I recommend taking profits at this impending high, from 14394. Stay long in the meanwhile.