What Did You Miss If You Took This Week Off?
Hey, I took the week off -- what did I miss?
Well, by the numbers, not much -- essentially flat for the week
Index **9-12-08 CLOSE** **9-19-08 AFT**
S&P 1252 1,255.08
DOW 11422 11,388.44
Nasdaq 2261.27 2,273.90
2YR 2.21% 2.10%
10YR 3.72% 3.73%
6MO BILLS 1.55% 1.51%
Funny, it didn't feel like a flat week . . .
Hat tip, Kevin Dehler, HSBC Securities
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Barry, do you see these two 300+ up days as a bear market rally that is quickly forgotten OR does the combination of technical + fundamental factors cause you declare this a bottom (at least for a while, as in until elections)?
Posted by: rational | Sep 19, 2008 5:44:47 PM
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