Bull Market Christmas Tree From 24/7 Wall St.

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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New_bull_mkt_xmas_treeAs 2008 draws to a close, it is time for Christmas.  It is time for Hanukkah. It is time for New Years.  It is time for reflection.  And it is time for planning.  It’s time for a "Bull Market Christmas Tree."

This really is the Christmas Tree in the home of one of the 24/7 Wall St. partners.  In the early part of December we decided to get a real Christmas tree rather than drag the old faithful fake-tree out of the attic.  Low and behold after the decorating was done, my wife said, "Oh no, we have no angel for the tree."  Suddenly I remembered a puppet which was given as a quasi-hoax and said, "Hang on!  I have something better than an angel.  I have something which every investor and every one of our readers needs for the next year. I have it."   

So she had to go downstairs to await the surprise, I found the hand puppet, and then I put it atop the tree.  The response was, "Well, it’s definitely not an angel.  But if might help the 401(K) and help everyone out even in spirit then keep it there." 

Low and behold, the market has at least stabilized or is at least less volatile.  Investors are actually deciding which stocks and sectors they want to own in 2009.  And all this while we all know the bad news is only going to get worse for a while.  Who knows, the bear might not even rule the roost.

Merry Christmas! Happy Holidays!

      –the 24/7 Wall St. team

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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