Sunday, August 10, 2008

8 Reasons Why We Will See A Rally


  1. Dollar is up

  2. Oil and commodities are down

  3. Extreme pessimism that is focused on the bad sectors

  4. Technically, we still have yet to see a negative GDP quarter in the US

  5. The banks are buying back their auction-rate securities

  6. The Dow Jones Transport is leading the Dow Jones Industrial

  7. Record cash levels on the sidelines

  8. Dow Jones Industrial is still above the 10500
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