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Also going on today.

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Dow Jones Industrial Average(DJI: ^DJI)

Index Value: 7,949.09 :ee:

Trade Time: 4:04PM ET

Change: 332.13 (4.01%)

Prev Close: 8,281.22

Open: 8,279.63

Day's Range: 7,939.93 - 8,291.98

52wk Range: 7,392.27 - 13,191.50


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Sorry to bring back some reality.

However, there is a GREAT chance for a super nova of a BUMP UP in the near term.

Treasuries are so low and they have served their safe haven purpose where there are TONS of dinero that can come back to equities.

That is HUGE.

So if you can stomach the tough days and keep buying into the market while low, you might make back some losses for the past year. Yes I said YEAR.

March Madness could take on a whole new meaning. After that, depends on Obamaman's(saw an Obama superman shirt, geez) early talk and gameplan.

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All summer I watched Wachovia stock drop and drop and drop. So we get bought by Wells Fargo, now I get to watch their stock drop and drop and drop. Fortunately, I got out of Wachovia Wells in September, so it doesn't hurt me at all.

I am thinking about jumping into Wells about mid feb or so.

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*for once glad he doesn't have ANY money in the stock market*

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I think I called for 7600-7800 back in mid Sept as the bottom.

Better to be EARLY than late on a rally.

I think right now confidence is as big as anything. And it makes sense. Confidence is more or less faith.

Anybody who has played hoops knows what it's like to be in the zone, to be hot. Heat check.

Basically you are confident, you have faith, that every time you shoot it's going in.

This applies to everything. To going out with the fellas back in your single days or that job interview etc.

This is what the US economy needs overall. Yes, some good fundamentals help but just like in sports, Uncle Mo trumps on paper and stats.

We are almost there.

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    • A plant where jobs were purportedly saved by Donald Trump ahead of his inauguration is set to make at least 600 staff cuts, many before Christmas. Carrier had opted in December 2016 not to move a number of jobs to Mexico from its Indianapolis furnace factory, following a visit to the plant by Trump. The president claimed he had convinced Carrier to retain 1,100 jobs in Indianapolis rather than outsourcing them in Mexico. And of those 1,100 jobs Trump spoke of, 300 had reportedly never been threatened with a move to Mexico—meaning a total of 800 jobs had been saved. But the company has since announced that at least 600 employees at the factory will still be laid off, with the final 290 job cuts coming just ahead of Christmas. In a filing seen by CNN, the company announced it would be making an initial 338 job cuts in July, four in October and a further 290 jobs on December 22, just three days before Christmas. During a press conference at Carrier, Trump said: “that big, big beautiful plant behind us… will be even more beautiful in about seven months from now. They're so happy. They're going to have a great Christmas. That's most important. He added: “And that these companies aren't going to be leaving anymore. They're not going to be taking people's hearts out. They're not going to be announcing, like they did at Carrier, that they're closing up and they're moving to Mexico, over 1,100 jobs. “And by the way, that number is going to go up very substantially as they expand this area, this plant. So the 1,100 is going to be a minimum number,” he said. The plant said at the time the number of jobs saved was closer to 800, but explained it would be replacing some of the jobs that were saved with an automated system in order to save money, although CEO Greg Hayes did say there would be less money saved by the company in doing so than if they moved production to Mexico. Carrier did not immediately respond to Newsweek’s request for comment. ------------------------------------------------------------------------------------------- I'm thinking of another person I'd like to see get laid off, or fired.
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