Before the Bell 1/5/2008

[0:27] ..." 2000 and I and the Dow was up two point 9% the S&P is up. Three point 2% that they accept report 5% the -- up one point 3%. In effect it's kind of interesting because we you do look at the S&P 500. From its November lows it's actually up two point 4% to get that kind of global market within a bear market. Even the wanted to be getting beat up the that the international fund to the heat index. There are two point 3% total -- but the last time this year but April that they typically -- but anyway we"...

[1:22] ..." not -- in the rally but at least that we're doing okay S&P futures right now or don't four point seven dust down 36. But the NASDAQ down -- seven and half right now oil prices up about a quarter at 4666 but like gold lies down thirty doesn't get hit pretty hard today -- maybe not as"...

[2:45] ..." probably like that. Effective target that tax -- being bigger than the bush tax cuts in his first two years solicit what happens there. Also never ceases to amaze me liberty made optic. And the Ponzi scheme here. The Wall Street Journal talked about the fact that the regulators have been there eight times in the last sixteen years. It found nothing so it's still fun little but partly also to date the Fed is actually going to have bonds being purchased. On their behalf by a lot of big private investment firms amid announcements a"...

[0:10]" Yeah you don't -- the -- up for the year. Hospitalized gears up. Anyway you know -- myself in the last -- trading -- that -- day that -- open markets is. Last week -- 6% so that certainly is a good start. So also dispersed to after the frustrated 2000 and I and the Dow was up two point 9% the S&P is up. Three point 2% that they accept report 5% the -- up one point 3%. In effect it's kind of interesting because we you do look at the S&P 500. From its November lows it's actually up two point 4% to get that kind of global market within a bear market. Even the wanted to be getting beat up the that the international fund to the heat index. There are two point 3% total -- but the last time this year but April that they typically -- but anyway we got a lot of that coming up this week that is a lot of economic data it's going to be coming up the big one. Certainly it's gonna be the Friday jobs data and number coming along the along the -- ever -- the auto sales today which. Are looking so great they're expecting him to be down about 40% -- so. Along we're here construction spending factory orders that -- service sectors doing an inventory is so. That the number of for -- earnings reports are going to be coming out today so we'll see what happens. Also looks like we're seeing a little bit slow start markets this morning so we're not -- in the rally but at least that we're doing okay S&P futures right now or don't four point seven dust down 36. But the NASDAQ down -- seven and half right now oil prices up about a quarter at 4666 but like gold lies down thirty doesn't get hit pretty hard today -- maybe not as many worries."

[2:33]" Well it's a good things that we get president so elect Obama's now down their full time it gets his daughter's in school and is also looking to may -- some Republicans to start and a 300 billion dollar tax cuts in the the Republicans certainly probably like that. Effective target that tax -- being bigger than the bush tax cuts in his first two years solicit what happens there. Also never ceases to amaze me liberty made optic. And the Ponzi scheme here. The Wall Street Journal talked about the fact that the regulators have been there eight times in the last sixteen years. It found nothing so it's still fun little but partly also to date the Fed is actually going to have bonds being purchased. On their behalf by a lot of big private investment firms amid announcements a couple of weeks ago but they're starting to buy today and the likes of Goldman Sachs and -- well attend probably buying those bonds that would they've been waiting to buy so we'll see what happens we should be getting the results hunters."