dow-jones-industrial-average

New Year's Mini-Bubble Already Forming

Hamilton Nolan · 01/04/10 11:22AM

The Dow Jones is already up nearly 150 points this morning, as everyone who made a resolution to invest for the new year piles their money into the market. Savvy finance sharks will take advantage of this onrush of dumb money, sending the market plummeting downward in the near future. And then there's that whole recession thing, which is still not over. So basically, sell now.