That 2009 Dow rally people were very excited about last week with the index reaching OVER NINE THOUSAAAAND has died quicker than the ratings of the last season of Moonlighting. For those of you keeping score at home, the Dow has lost nearly 600 points since January 6, and is down 300 here just today on that dismal December Retail Sales report.
So yeah, if that number holds we'll be down nearly 10% on the year in the second week of January.
Enjoy. It'll only get worse.
Wednesday, January 14, 2009
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