Seems like knowledge that obama is going to be president is making the
markets rise! Not surprising!

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of Michael Madigan
Sent: Thursday, 27 November 2008 8:01 AM
To: [email protected]
Subject: [OT] Obama crash on hold - Dow Jones up 247

Is this the bottom or a bull trap?  Only time will tell.  We are still WAY
under the 200-day moving average, 

http://finance.yahoo.com/q/ta?s=%5EDJI&t=1y&l=on&z=m&q=l&p=m200&a=&c=

so I'm skeptical that we aren't going to stay down for a while.  Also I
suspect there will be some more year-end selling, as people cash in both
their loses and their gains, and also some more bank failures to come.

We should also know by next week whether Black Friday and Cyber Monday were
good days or bad days.

  
Election day - 9625

Nov 25 -  8726


Down 899 or 9% since Election Day







************************************************* 
Barack Obama is not My President

http://www.cafepress.com/rightwingmike


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