In an interview with RTT News, Ron Kiddoo, chief investment officer at Cozad Asset Management discusses the market's early losses on Wednesday, which were eventually reversed. He calls the action a sign the November lows will hold. However, Kiddoo predicts we will be in a volatile "market range" until we start to see some positive numbers, weakening the chances of a Santa Claus rally.
In addition, Kiddoo discusses the chances of a Big Three rescue and says "when the final bell rings, the automakers will be bailed out."
To listen to the complete interview, visit:
http://www.rttnews.com/Content/AVDownload.ashx?ID=26574&url=Audio2/2008/December/3/AMBUZZ-Kiddoo-12.03.08-lbr.mp3
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