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Friday, 10/16/2009 8:22:51 AM

Friday, October 16, 2009 8:22:51 AM

Post# of 31925
Poll - So we got two yes and two no that the HOY was within 30 S&P points of yesterday's high. Of course Mongo sees no reason the markets do not just keep going higher through the end of the year. With minor pull backs along the way of course. This is the consensus of analysts.
I think the high of the year was probably put in yesterday. The headline should seal the doom of the rally. I thought if we hit the 10K mark it would cause investors to get OUT of the market. Many of them have been burned very bad and are thankful to be back to even or 50% of even and in fear will abandon the markets. This of course is the opposite of what the pundits were calling for.

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