Reply #10: Because it's Thursday? [View All]

[Warpy]

Looking for rational reasons for daily rise or fall is an exercise in either delusion or futility.

However, there is adequate reason for the trend to be generally down until we get the GOP out of office. There might be a return to guarded optimism as soon as Obama takes office, but we won't have any sort of market prosperity until fundamental changes are made in the system. That means it will be a while until it turns around.

I predicted a slow fall in January that would continue over the next year, at least. April and May threatened to make a liar out of me.

Yeah, I just love being right. :P