Tuesday, December 11, 2007

December rocket, ready for liftoff

Expected Fed rate decrease at 2:15.

December performance is generally +1.7% in pre-election years.

People like Jim Cramer saying: "If we got a half-point cut from the Fed on Tuesday, I think you could see as much as a thousand-point rally on the Dow between here and year-end."

Chart of the last 5 days here.

Update: Wall Street to Bernanke: You suck.

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