Sunday, April 5, 2009

Make that 4

That makes 4 weeks in a row now with stocks advancing once again. Even with more negative news like jobless rate at 8.5% buying still continues. Short coverings and early to the party traders have now taken the Q's above the previous resistance point.

It helped having RIMM in the picture!!

Its easy to think that this rally needs to end soon and try and pick a top, but you have got to stay with this as long as it continues. Riding this bear market down has been great but the % moves from the bottom here are amazing and not to be missed.


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