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  • Why This Rally Is Unsustainable [View article]
    >So where is the breaking point? A look into the
    >why instead of how of this rally can offer some
    >insight. This whole rally is essentially a scam to
    >pass off asset depreciation in struggling financials
    >to the taxpayer.

    Do we really believe this conspiracy theory? The reality is that the market has figured out long before us that in fact recovery is here. Like every recovery before it, depressed equities turn up and do not look back. We are now approaching a 35% uptick. That in and of itself represents the fact that indeed this rally IS SUSTAINED. With history as our guide, if we keep saying the rally is not sustainable long, indeed we will get it right... but not this week...
    seekingalpha.com/artic...
    and probably not this year...
    seekingalpha.com/artic...

    GNE
    May 10 09:40 am |Rating: +2 0 |Link to Comment
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