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Good New Start?

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Dow started the year with the second best start of the year by points and sixth best start by percentage. Maybe it's because of the bigger and brighter than usual crystal ball in time square. Maybe because of people need it more this year. Whatever it is, we can count on it that it is not sustainable. The volume is low, and more importantly, the fundamentals are not promising at this point yet. Unemployment is not improving; big three bankrupcy is still looming; industrial benchmark is still weak. That said, a big bang start is still better than otherwise.


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