The Bulls are very resilient

The Bulls are very resilient and do not give up easily.
Despite all the bad economic news, the job losses, the worsening 2009 outlook and predictions, the Bulls do not lack optimism. Some are even predicting a rally starting in January next year and the Dow going back to 12.000.
Over-optimism and lack of Realism or just a New Reality? We'll see.
One thing is for sure, it's an uncertain creative process starting with new thinking and new ideas.
In the dark days before Christmas we do not need people going into a depression.
Unfortunately the DOW, NASDAQ and S&P500 are sinking again today, it's more like 2 steps backward and 1 step forward.

Stocks Follow a Pattern, Dropping in Last Hour (New York Tines Permalink)
By JACK HEALY Published: December 5, 2008
Oil prices closed down $3 a barrel to $43.79 as the economy slows and demand eases.