User 328725

November Lows: Back So Soon?

I think you're making an excellent point with your article, but let me pose something to you since this was obviously published before the market closed today.

It looks like the major indexes found major support at the lows from early December, which tells me that at least for the near term, we're likely to see things continue to bounce higher.

I would also venture to say that with the release of the second half of the TARP funds, some bullish momentum is likely ot be maintained as we go into the inauguration next week. Any thoughts?