The Dow Hits All-Time High: Is It Time To Buy?

11:57 PM, Mar 6, 2013   |    comments
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Winston-Salem, NC -- Two straight record performances on Wall Street.

Now we're asking - is this the time to buy?

Tuesday, the closed at a record high 14,253 points, breaking a six-year record.

And the trend continued Wednesday with the market closing up another 42 points.

Financial Advisor Michael Wittenberg says "Generally when we have a market break through an important ceiling or resistance level there's a tendency, looking back to history, that markets run on for a while."

Wittenberg says the last couple months have produced a steady trend of growth.

Legally, Wittenberg can not tell you that you're guaranteed to make a profit.

But he says one analysis shows the market could grow another 1,200 points before it hits the next ceiling.

 

 

 

 

 

 

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