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While not based on any sound fundamentals, it's nice to see the markets rebounding even if it's based solely on optimism that 2009 will be better than 2008. I'm glad that I got all of my orders in with my broker first thing this morning.
I just realized this about my Roth IRA... I first opened it in October 2007. Since then, I've maxed it in 2007 ($4k), 2008 ($5k), and recently added $1k for 2009. Total invested: $10k. As of today, my Roth's balance is $10,000.60.
I read something which suggested we are 25% UP off the low in November. Bull market anyone?
Actually, as of today, the major indexes are up 10-15 percent from their November lows. At one point I believe that we were up 25% from that point, but that's no longer the case.
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