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Another bullish indicator is the solid bottom on the Dow at 11200. This had all the appearances of just another stop on the elevator down last week but after six days of failing to give into the selling it is starting to look like a short-term bottom. I say short-term because we don't know what the earnings picture holds and there is still a lot of sunshine left in the summer.

What is the...
         ...Watch List?
Another bullish indicator is the solid bottom on the Dow at 11200. This had all the appearances of just another stop on the elevator down last week but after six days of failing to give into the selling it is starting to look like a short-term bottom. I say short-term because we don't know what the earnings picture holds and there is still a lot of sunshine left in the summer.

Monday, December 1, 2008
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