Monday, June 1

Dow Jumps Higher Due to ACME Patented Spring in Shoes

The Dow jumped over 200 points monday on signs of the economy recovering, for whoever thinks that is going to happen tomorrow.  But if we really look at that jump, approximately 50 points of it contain the news that Citi and GM are being replaced by Cisco and Travelers.  Really, there is little surprise that the market is moving on a monday.  It seems to be the thing to do for the past several weeks.  So let me guess.  Up today, back down a little tomorrow, some more the next day, level on thursday and a big move at the close friday.  Any bets on next Monday?

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