Tuesday, February 24, 2009

A Double Dose of Reassurance

  • Well, that's good enough for us! Why didn't you just say something earlier?

  • The market surged 4% today. Advancers trounced decliners. Volume was heavy. So let's call yesterday a retest of previous lows and see what folks can do with this.

  • Even Robert Prechter has said to close short positions. I'd link, but I'm on the iPhone! He warned of a "sharp and scarey" rebound for those still betting on a retreat.

  • Obama TV tonight. Folks are looking for details! Either that or mad that he is preempting American Idol out her in CA.

  • It was a good day. We have that.


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