Aug 11

Are we in a Sucker’s Rally?

This interesting video suggests that the current mini-rally that started on Friday with a 300-point rise in the Dow is just a small rally inside of a much larger Bear market down trend. Can you say “Sucker’s Rally”?

What do you think?

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Recent Comments:

• Mark Berger: Wildredbill: Fact: Obama elected President Nov 4 Fact: Dow Declines 10% Nov 5-6 (from 9,625 to 8,695) Markets are not political and...
• Randall2008: I have been analyzing Stocks and etfs lately through many different aspects and inovative ways, at the same time I have also begain to...
• Wildredbill: “Since Barack Obama was named President elect, we can see how the markets have reacted, at least in the short-term: down 10%...
• bill stankiewicz: i am going to purchase BAC stock I think this stock will lead the way with the other bank that will soon open up there wallets !
• gomaxgo: Hey, sounds like you’re doing well indeed. Report back after the November game, and I bet you’ll be able to answer your own...
• kjextreme: I do beleive rf is good to buy now i’ve already made 3,000 in profit in two days. but my eye is on google at the moment
• jeflin: The squeeze and the upward buying pressure from shortists caused this aberration for Volkswagen to become the most valuable company. The...
• Micah Wisecarver: hi there, i just got started at this in the third week of Oct. One of my portfolios ended up ranked 112 for the month, the other...
• gomaxgo: karand, I wish I had indeed gone short! Actually that’s a mistake…I did go long, then sold off at about .20. for a 60% loss. A...
• karand: how can your position be short on TMA when the price was only .55 when you picked it?

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