OK, so where do we stand in the market after 100 days of change & hope.
The bad news: right where we started .
The good news: right where we started.
Obama inherited a Dow that was hovering around 8,500 … higher around election time … lower after th election … then hanging in a narrow range.
After a sell-off to under 7,000 – the market has fought it’s way back into the range between 8,000 and 8,500.
So, I’ve got to stop saying that Obam killed the market (he did, but I don’t have the proof yet) … and other folks have to quit talking about an Obama rally.
Fair enough ?
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June 4, 2009 at 4:36 am |
OHH Some very interesting and insightful thoughts. I like this.