Wednesday, February 11, 2009

Nikkei Opens Lower On Thursday

Today's gain had a cautious feel to it.

Wall St investors are trying to find their balance having just been hatched from a new stimulus egg.

I am going to throw good sense and caution to the wind and go with the DOW closes Friday higher than on last Monday. This was my call on Monday, and Tuesday certainly messed with that idea. We have about 300-350 points to make that real.

Reuters: Nikkei down on dismay over U.S. bank plan, yen
"Gradually investors are becoming less sensitive to bad news and looking ahead further. The situation last year was that nobody knew what would happen next -- but that's changed now."

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