overnite action is a case in point. for any number of well quoted reasons, there was a wobbly feel about it. until the last couple of hours when the buyers came in strongly, pushing the Dow up into very positive territory.
the experts, the very same ones who had been scratching their heads earlier on, showed no surprise:
<< Economists are convinced that confidence in the economy is picking up as conditions improve and profits rise, according to a Business survey. >>
now it remains to be seen how the little doggie which turned tail & headed for safety yesterday - that's our XAO I'm talking about - will react today. convinced that conditions are improving & profits rising, no doubt it too, will once again clear the 4100 mark without hesitation.
