Really good economic data? Are you kidding me, you must be living in a bubble or something dude because if you think we have been seeing solid economic news for months, I am sorry but you are not gettin news flow.
We are losing jobs like crazy which is one of the worst things that can happen, people dont have jobs they dont pay their mortgages, they dont go shopping, they dont do much.
Auto makers, banks, insurance, and just about every other sector are on the hill weekly asking for a handout with tax payers money. Retail sales numbers after Christmas will end up being dismal, so again I ask you really good economic data?
I am not saying the DOW will test new lows, the government is throwing cash at this market but things are not rosie homie!!!
