Friday, May 1, 2009

Best Stock Market Since 1991

As the market tanked in January and February, Mark + Jim were quick to point to Obama as the cause. We have now had the best rally in 18 years and our two uber-conservates have been quiet about the market. What gives? 

http://online.wsj.com/article/SB124113495374375243.html

2 comments:

Mark R. said...

You forgot to mention first quarter GDP. I hope you took profits in case there is another correction coming. I am not seeing a whole lot of good fundamental news.

Baxter said...

Profit taking is not a bad idea right now. The fundamentals are not moving up. Hopefully, they have stopped descending.