Friday, August 28, 2009

Bear market rally? New Bull Market? bounce?


Let's see...Gold has been relatively flat this year. Stocks are up 53% since the President told ya to buy stocks. The dollar is down. Oil is sorta up depending on what time frame you look at. Natural Gas is low. Real estate in some aspects is making a comeback. So where are we exactly?

We are in a place where lies permeate and are given credence and truth is shied upon. This is what a bear market rally looks like. And like many astute market observers predicted, it can last a long while. Eventually the truth does come out, but usually after the market makers have sucked the general public in (see tech stocks, housing, and maybe green stocks next).

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