Up. Conservatively, I'm looking for SP500 900 (could go as high as 1000); DJIA 8700; and NASDAQ 1740-70 area.
The temporary recovery maybe underway. It's my understanding that 'miles driven' (in the USA) are increasing again.
That bodes well for crude, and, the economy in general.
To steal a thought from Dent:
I believe the eye of the hurricane is about to pass over us. We'll get hammered badly by the back of the storm. That's the one that nobody will be expecting.
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