I'm addressing this to those friends and family that think the worst of this market is behind us: the fact is, by looking at trending type indicators, I have absolutely no indication that we are at a bottom here and in fact we seem to be deteriorating anew here in February 2009.
We broke Dow 8000 last Friday and now we are drifting lower. I would not be surprised to visit November's reaction low of 7500 in the near future.
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