See What People Are Saying About... Market Turning Point


Despite word that the labor market shed 598,000 jobs in January investors bid stocks higher on Friday.

Although it's clear that the economy is in rough shape, Friday's market traded on optimism for an aggressive government stimulus planas well as the belief Treasury Secretary Timothy Geithner will spell out a "comprehensive plan" on Monday to stabilize the financial system.

However, even after a triple digit climb in the Dow skepticism remains as to whether the rally can be sustained.

"This is a classic case of the market taking this dismal number in hopes that Washington will be motivated to do more," says Michael D. Kresh, president of M.D. Kresh Financial Services in Islandia, N.Y.

In other words, we've been here before. There's nothing different about this rally. But what if they're wrong. What if, it is different this time?

And that leads to our Fast Money Reader Poll. Considering we're on the brink of a stimulus package and new plan to bailout banks, has the market finally reached a turning point?

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