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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject12/19/2001 10:18:40 AM
From: Dave Gore  Read Replies (1) of 16631
 
WED/19 DEC - BIG NEWS - Compromise reached on stimulus package!

From Briefing.com
"10:12 ET Stimulus Package : President Bush announces that Congress has reached a compromise on the stimulus package. This is good news for the market, though it is not particularly surprising and the package will not offer much in the way of near-term economic relief."

This is the only thing I can think of that has brought the market back from what promised to be a fairly ugly session. I am not sure how much this will move the market UP, but it may prevent what I was almost certain would be a fairly ugly day.
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