Will the coming week bring a rally?

So far the stock market has not performed well in 2009 and those who look for trends in the first five trading sessions of a new year are turning very pessimistic.  Still, there are bulls around and lots of them expect that, for some reason, the market will rally nicely in the coming week.  As far as I can determine the optimism centers around the impending inauguration of Barack Obama and the era of good feeling that it will usher in. Sorry bulls, at this point I just don't buy that line of reasoning.  All the "good feeling" in the world cannot negate the horrendous economy and the diminished outlook for corporate earnings.  Accordingly, if you have cash hold on to it!!

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