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Old 02-20-2009, 11:21 AM   #912
macker
First Line Centre
 
Join Date: Apr 2007
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Quote:
Originally Posted by Daradon View Post
Holy smoke, looks like the Dow might break the 7000 threshold (In the wrong direction)

Haven't hit bottom yet.
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Nope but we are getting closer everyday! The market is ignoring :
1. The magnitude of the monetary & fiscal stimulus
2. The consumer tax cut because of lower energy prices
3. Improving liquidity
4. The low cost of credit
The media will sooner or later run out of bad news...The Fud Factor is trumping items 1-4 right now...
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