Passover and Easter will combine to probably help the bear market rally continue this week. After all these are big deal holidays with investors and they want a pleasant recess. Wall Street will be closed this Friday as well, so the week is shortened.
Many financial articles now embrace the same line - "optimism on hopes that the worst of the recession is over."
Although I am generally optimistic, on this issue I just don't believe it...
Reuters: Nikkei strikes 3-month high on U.S. economy hopes
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