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  • This Rally May Have Legs - Bespoke [View article]
    A lot of people have been predicting a big rally off an oversold market, and so we have one. And the rally could get stronger before it dies out. But it is not clear thinking to believe that this is anything but a bear market rally as jobs continue to evaporate, housing continues to plummet, deflationary effects abound, commercial real estate is headed for a major tumble along with credit card debt.

    Once enough hopeful sheeple pile into the market, the bottom will fall out again.
    Mar 30 02:29 am |Rating: +6 0 |Link to Comment
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