Seriously bad economic data be damned. It does look nice on paper, the DOW up 258 points and the S&P up 28 points today.
Everybody is a little happier and people are a little perkier. But wait a minute, we are not out of the dark by a long shot. This was a crap shoot day and the craps turned up 7s, snake eyes is right around the corner.
Will the market build on today's gains - no.
Reuters: Wall Street starts new year with strong rally
Analysts also said investors were watching for clues of how President-elect Barack Obama will try to shake the U.S. economy out of its worst slump in decades.
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