This is a very interesting start to the new year. That area that the DOW had to cross in order to prevent that ugly trend was broken. Why? I have no idea. I haven't seen anything in the news that tells me 2012 will be any different than 2011. I HAVE seen reports of record Christmas gift returns. How that helps the market improve is beyond me.
My guess, everybody knows that QE3 or some new stock buying program is coming this year and they are front running. That or it's an election year and Obama's numbers haven't been good, so make sure the economy looks pretty to get votes. Again, who knows when markets are manipulated. We'll see if this gap open holds. If it does, I say something has definitely changed, but I haven't seen any reason to believe it's because of something real.
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