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Tuesday,
March 17, 2009
(Cont'd from
above)...
Jim (cont'd):
The positive
drumbeat is picking
up. We've just seen
a lot of positive
data that suggests
the economy bottomed
last month, and we
could be in a world
where every day is
no longer worse than
the day before...
That means this
rally is real,
right?... The market
will keep going
higher?... Isn't it
time to join the
land of 1000 bull
dances?...
[Please note: This
week, we are making
special exception to
our verbatim rule
for our recaps, as
we are staffed thin
until our main
"recapper" returns
from a much-deserved
vacation. Our full
recaps... yes,
verbatim... will
return this Monday,
the 23rd, for your
use and enjoyment.
Thank you.]
▼ ▼
▼ ▼
▼
 The Bottom Line!:
Celebrate! Because
the economy isn't
headed into Great
Depression
territory. It does
look like a floor
has been put in.
That doesn't mean
the market's just
primed to go higher
endlessly... that
would be Blarney...
We got plenty of
good news about the
economy, but we
still need the
estimates to come
down before we can
make a serious
assault above Dow
8,000.
[end of segment]
Read Jim's next Segment
here
Read Jim's next Segment
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