Friday, July 11, 2008

Dow under 11,000




Today the Dow hit under 11K for the first time in over two years...and then all the street got in their cars and headed for the Hamptons...Trust me I know because people are calling me from the traffic jam...






Where to now? Anyones guess, but with a possible (PROBABLE) bailout of the Fannie/Freddie messes we should be putting in a near term bottom. $1000 question ?!?! WILL IT HOLD???






Oil hit another all time high today; then pulling back a little...loves to flirt with that $150/barrel level...

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