Up over 50 points from the days low.
Yesterday the down day also factored in that the DOW would drop.
Yes the US is officially in recession, but the official announcement almost always marks the end of the recession too.
It often takes over 12 months to confirm, by then all the bad news is out & it is heading up the other end. By March 09 the US will be officially out of recession.
I expect to see the cashed up super funds & instos start buying shares in the new year.
Not long and the bull will be back
cheers
all ords is recovering
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