In This Issue:
It's Time To Start Looking Beyond Current Woes
A Big Cash Horde Is Always Bullish
When It Comes To Rebounds, Too Early Beats Too Late
Eight Blue Chips Many Pros Are Buying
The Bottom Line This Week
nothing like the start of a new year to shake investors out of a funk. It
happened again a few days ago when the market rallied as the first of January
approached. The week the calendar turned over, the Dow and the Nasdaq went up
an impressive 6.1% and 6.7% respectively. It was an encouraging end to a dismal
year that saw the two indices plunge 33.8% and 40.5% - the third worst
performance in recent memory.
it is far too early to declare an end to the bear market. With manufacturing
and home sales dropping to very low levels, it is clear that the economy is
still sinking. But as we will discuss later, that doesn't mean that a recovery
is off the table for late 2009.