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That
2009 Dow rally
people were very excited about last week with the index reaching
OVER NINE THOUSAAAAND
has
died quicker than the ratings of the last season of Moonlighting
. For those of you keeping score at home, the Dow has lost nearly 600 points since January 6, and is down 300 here just today on that dismal
December Retail Sales report
.
So yeah, if that number holds we'll be down nearly 10% on the year in the second week of January.
Enjoy. It'll only get worse.
posted by Zandar at
11:00 AM
on Jan 14, 2009
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