正文
Suddenly bad news is becoming good news. Weak economic data could no longer send the stock market into a tailspin. Bernanke signaled strongly tonight that the Fed is to cut rate again on 12/11. The market may get excited tomorrow.
In additions, IBD changed its offical view from Market in correction to Market in confirmed rally today. Even though it has made numerous pre-mature calls in the past, the call is at least based on the performances of certain sectors of the market. It can\'t be dismissed completely.
It has been a tough span for people who hold stocks in the last several weeks. I lost 1/2 of my YTD profits in the period. But it looks like the worst may be behind us and Dec. may save some faces for most of the Wall Street money managers.
Go market!
In additions, IBD changed its offical view from Market in correction to Market in confirmed rally today. Even though it has made numerous pre-mature calls in the past, the call is at least based on the performances of certain sectors of the market. It can\'t be dismissed completely.
It has been a tough span for people who hold stocks in the last several weeks. I lost 1/2 of my YTD profits in the period. But it looks like the worst may be behind us and Dec. may save some faces for most of the Wall Street money managers.
Go market!
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