Despite the latest bailouts announced today by the U.S. Government, stocks have now slid into negative territory for the day. Over the past year, I have noticed that when government bailouts are announced, strong rallies have occurred. However, within 1-2 days, the markets reverse once again and move lower. This phenomenon appears to be manifesting itself once again today.
Tuesday, November 25, 2008
Bailout Euphoria Proves Temporary, Stock Futures Turn Negative
