Hmm..... Today 29 Feb 2012. Leap Year. Once in every 4 years. One more working/schooling day for everyone.Back in 15 Oct 2009, I wrote that Dow Jones broke 10,000 points on 14 Oct 2009. We were out of the recession woods.
On 28 Feb 2012, the Dow Jones broke 13,000 points. The strength looks weak. Sustainability above 13,000 points would depend largely on how Europe Debt would be resolved. However, this year is American Election Year. A strong Dow Jones would likely push P. Obama to a second term.
Are we seeing a clear blue sky or dark clouds ahead?
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