The markets were down in the first hour with over 100 points on the Dow30 but after some favorable “economic reports suggesting that the economy may be approaching a bottom,” the Dow reversed by 250 points in the following 2 hours. We are also in a new quarter for the calendar year and mutual fund managers typically buy more aggressively the first few days of the quarter to make their performance figures look better. We are getting more and more positive economic news not that the economy is
