I just had a conversation with my financial advisor, who has spoken to several traders today. The real reason for the huge rally in the Dow today was that word spread of new internal polls showing McCain down 2 in Pennsylvania, down 2 in Colorado and otherwise doing much better in several swing states than the public polling suggests.
Now, I want to believe this; however, the skeptical side of me is saying that this may be nothing more than a rumor started by a few traders to pump stocks up that they’ll cash in on later in the week.
I have no idea. I just want to throw it out there for public consumption. Either way, we have to fight like hell through next Tuesday……….