Friday, April 17, 2009

UP Again

Stock markets are up again. The rally is 6 weeks now. Hurray!! Meanwhile all the analysts are saying this mini bull is unsustainable and flogging bads news that it is just temporary blip and the market will go down again. Analysts have a herding mentality. They do not predict accurately. Only follow the trends. Right, they felt the trend should be down and therefore the rally is baffling them and talking down the market. That is they will keep saying it is not a sustainable rally until investors believe and start selling.

I like it when market is up. My portfolio which had gone under water is back at original value again.

No comments: