Ingredients For A Rally
I am starting to see some of the ingredients necessary for a rally. While I don't think the Bear Market is over by a long shot that does not mean we can't rally from time to time. Sentiment is very negative and that is now seen in every sentiment survey and in put buying. I am not quite ready to get bullish but I am starting to see a light at the end of the tunnel. I think it is a positive that the S&P future are down close to 30 points right now. People are beginning to look at these bailouts with skepticism. That is a big change from a few weeks ago when the market would rally every time a company would fail.