Welcome To Week 1 of 2009!
Welcome back from the Christmas holiday and into week 1 of 2009!
This is again going to be a holiday shortened week exactly like last week with the new year holiday on Thursday as well (see economic calendar). Again, this is probably going to be yet another sideways week like last week as traders and investors quit trying to be the hero, especially with the January effect being quickly arbitraged away in recent years. I am going to sum up the year and make my forecasts for 2009 on Wednesday, so , stay tuned.
This is again going to be a holiday shortened week exactly like last week with the new year holiday on Thursday as well (see economic calendar). Again, this is probably going to be yet another sideways week like last week as traders and investors quit trying to be the hero, especially with the January effect being quickly arbitraged away in recent years. I am going to sum up the year and make my forecasts for 2009 on Wednesday, so , stay tuned.
posted by Jason Ng at 5:35 PM
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