What's Up?

Monday, March 16, 2009

Dow at 9000 points in May

IMHO The economy will recover much much faster than it was thought it would.

Reasons:-

1. Summer is coming.., remember the crisis was acknowledged just before winter! And the summer is known to boost sales in all sector of activity.

2. House prices start stabilising . Maximum number of houses changing hands in February - March

3. Companies are still investing huge sum of money despite record losses over the past year

4. Citigroup announced profit for 2009, Madoff in prison, Obama plans show signs of progress

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