Market Up?

Anyone think a big rally is coming?

Only if we all put on our rally caps.

Possibly a rally… somehow it feels like a while before we get “big”

Not really. The big question on the table is whether or not the automakers get bailed out. If they do, I don’t think the market will react kindly to it except for Ford and GM’s pps. The economic climate has done nothing but darken. We may retest the 7500 level one more time.

Any of you ever visit elitetrader.com? Some good people on there and a few are calling for Dow 3500 next year.

All kinds of whack jobs come out when things get too bad and too good…

meh, anything could happen. credit still frozen. nobody is shipping anything. job losses mounting. no positives really. zero. this is when we are supposed to see a bottom but you need to see some good news to get your feet.