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Direxion Daily Financial Bear 3X ETF Message Board

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  • seasonedspec seasonedspec Oct 31, 2009 5:31 PM Flag

    CNN poll omg!

    hill,

    I also think that the ongoing unemployment and foreclosure numbers will hold the market back. We are far away from being out of the woods, and eventually the Fed will have more difficulty financing our ever growing federal deficit. This market may move up once in a while, but we will remain in a BEAR market for an extended period IMO. Many companies recently reported good earnings, not from increased sales, but by cost reductions including more layoffs. I don't see the stock market improving for at least another year. SS

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