Friday, January 30, 2009

8000 even


The ''line in the sand''. Today the Dow closed right on 8000. This is getting interesting. All of the lagging indicators(unemployment, GDP, etc) are horrible, but can they get worse. It sure feels like sentiment is as bad as its ever been. The market should let us know if Obamanomics can save us. We should see a signal in the next week or two.

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