This isn't a bottom and a reversal, this is a bear rally. Tomorrow the fed will be dropping interest rates 0.5% and we may see a slight rise or stagnation. Thursday the government will be releasing some quarterly reports, which will probably show just how bad things are getting and the market will eat crap again (-4/500).
Prepare to hit the 7000's in the coming weeks as no one buys squat for xmas. Sorry little Timmy, due to fiscal irresponsibility there's no Christmas this year.
Prepare to hit the 7000's in the coming weeks as no one buys squat for xmas. Sorry little Timmy, due to fiscal irresponsibility there's no Christmas this year.