What Did You Miss If You Took This Week Off?

Hey, I took the week off -- what did I miss?

Well, by the numbers, not much -- essentially flat for the week

Index **9-12-08 CLOSE** **9-19-08 AFT**

S&P 1252 1,255.08

DOW 11422 11,388.44

Nasdaq 2261.27 2,273.90

2YR 2.21% 2.10%

10YR 3.72% 3.73%

6MO BILLS 1.55% 1.51%

Funny, it didn't feel like a flat week . . .

Hat tip, Kevin Dehler, HSBC Securities





Friday, September 19, 2008 | 05:36 PM | Permalink | Comments (85) | TrackBack (0)

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Barry, do you see these two 300+ up days as a bear market rally that is quickly forgotten OR does the combination of technical + fundamental factors cause you declare this a bottom (at least for a while, as in until elections)?

Posted by: rational | Sep 19, 2008 5:44:47 PM