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Sunday, September 07, 2008

Futures continuing their surge. Dow futures up 250 and S&P futures up 33 points. Crude up $2.54.
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1 comment:

Anonymous said...

I can't help but think that this will be another bear market rally--much like the rally off the Bear Stearns low. There's just too much bad stuff ahead: more bank failures/ dilutions/capital raises, ugly 3Q and 4Q earnings, home prices continuing to decline, lenders continuing to tighten credit, unemployment increasing, Europe and developing markets slowing,year end tax loss selling, hedge fund unwinding/selling, and on and on.

9/08/2008 12:47 AM

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