If you thought 2008 was wild, you ain't seen nothing yet. Expect continued volatility as the market reacts to the daily financial bombshells corporate America will be chucking at investors next year. I expect the Dow to bottom at about 6500 the first half of 2009.
There may be an historic rally during the second half of 2009 as inflation pressures hit everything from energy and food as well as stock prices.
I look for the Dow to close the year HIGHER than it started it and close above 9000. The ride will not be for the faint of heart, most investors mettle will be truly tested.
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