Bear Market Rally or not....

Discussion in 'Trading' started by S2007S, May 2, 2008.

  1. S2007S

    S2007S

    Is this a bear market rally???


    Hmmmm, seems all the talking heads think that this is the continuation of a bull market that never was a bear market to begin with, however I tend to disagree, I think this a bear market rally and that the markets are not clearly out of a downward trend. You can think otherwise, but how many times can the federal reserve stimulate the market to the upside??? They are running out of ways to prop the market back up, how many times can you cut rates and "PROP" up the markets with liquidity injections and rebate checks, its getting old. If the market wasnt PROPPED up by all these liquidity pumps I would acknowledge that just maybe the markets could clearly break to the upside. There isnt any catalyst left for this market, the bulls can try and find one, but rate cuts and free money isnt it....they say money doesnt grow on trees, well on wallstreet IT CERTAINLY DOES.....remember that....