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Quote by: zynner The market was ready for a bounce, anyway. It started rallying late yesterday. It opened up this morning and continued. Bernanke is just the flavor of the day to "explain" it.
The market, however, is in bear mode. This rally will be short-lived.
~ zynner |
the market's always slow in the summer, that's nothing new.. it also seems mixed rather than bearish imo. this 3rd quarter isn't all that much different than those of the previous 4 years actually.
profits continue to look good and the economy is still moving quite nicely even though it's slowed down a bit.. i guess it depends on how long your horizons are (or how willing you're willing to hold on to an investment)..