Saturday, April 04, 2009

Predictions

Wall Street will be closed on Friday April 10.

With the weekend comes the plethora of financial articles attempting to make sense out of this impossibly complex and imploding economy along with how the markets will react next week.

This is one of the optimistic articles in that this writer thinks the rally will continue because the economic data is not as bad as predicted.

We like the rally but many others would still call it a bear market rally.

Reuters: Optimism may extend rally in short week
Stocks should rally further next week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.

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