Friday, April 17, 2009

Hang On A Minute

Everybody is getting all optimistic about the market.

I predicted 3 rally days this week and we got 2+1/2+1/2=3. We got three, two decent ones and two half-ish rally days. I think its the first right prediction I've had in a while.

Hey we will take it, but I still believe its a bear rally...

Reuters: Economic optimism, GE spur sixth week run-up
...the S&P 500's longest weekly winning streak since 2007...

...U.S. consumers have more confidence in the economy than they have had since the sudden collapse of Lehman Brothers...

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