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Strategies & Market Trends : Bear Market Momentum Investing -- Ignore unavailable to you. Want to Upgrade?

To: jmiller099 who wrote (207)	11/14/2008 3:36:32 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 248

Lots of factors to consider. Unemployment's come up about 2 points so far. Could be worse and probably will be. Reading stories of few available part time holiday jobs, but they're out there Last year gas was over $3 per gallon at this time eia.doe.gov Most significant is that gas is down by about half from very recent summertime highs. That psychological impact could be huge. US non-saving, debt-loading consumer is notorious for putting off financial worries for special events. 20k weddings, 2k Superbowl packages. Other than bears, there are a lot of heads in need of some recovery in the mkt which will in turn spark some holiday cheer. So it's a matter of what carries more weight in coming days and weeks. Let's see if the PPT can bring us home by close. DOW now down 126