Mark McHugh

Looking at Monday

In Uncategorized on Sunday, January 25, 2009 at 11:41 pm

It’s generally against my nature to be optimistic.  He who expects nothing is never disappointed.  So I’ll say this, preliminary indications are that the apocalypse doesn’t happen Monday, unless Caterpillar’s earnings (before the bell) are far worse than anticipated.  A weak dollar combined with some profit taking in gold, could prove positive for stocks.

I will also be keeping an eye on interest rates and the transports.

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