Quote:
Originally Posted by Ron Bennett
And the market still goes down ... the next huge bailout is coming soon.
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The trouble is that it was an anti-climax. Everyone was expecting it but few people think it will make a major difference, especially to interbank lending.
Now we have bad news on the jobs front and its going to get worse so dont expect a rally next week. I can see the dow pulling down to 8000 or even lower. On the other hand, if Obama gets in, it could rally into December (a) because Obama is in and (b) because Bush is fucking finally out!!
But next year itll be bearish all over again, either way...