The Numbers Game

It seems Dow 10,000 is the number. The economic numbers were again dismal. If the market is going to break the 10,000 level then the next few days are the days it would do it. A market reversal to negative by the end of the day would be a nice confirmation. The Fed Chairman said basically nothing. They will not act until the move in the markets is completed. It would be a wasted bullet. The new number is 9600. We think it has a very good chance of hitting it. If it does not break down soon, we will cover the short. Odds are odds and the market wants to complete the move so it can move on. Let's see.