Wednesday, December 17, 2008

Interesting Day Ahead

The futures are down big after yesterday's afternoon euphoria. Is that right?

It's clear that Bernanke and Co. will do all they can to keep the U.S. out of depression, in addition to the steps taken yesterday. The credit markets almost have to improve after yesterday's action. As investors get more comfortable with those two things being true, the rally is likely to continue. Maybe today.

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