"Dead cat bounce!"
I don't agree with that. I think - if banks continue to recover, oil continues to drop and China and India continue to grow - the market will continue to rise and will reach all time highs again - possibly within 12mths.
But it is certainly a different market. Look at what the shorters just did to energy and resources. But the thing to realise is that they can only hammer things down so far. Then they go back up. I'll be picking up some BHP this week. Energy stocks? Not yet!
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26,683 |
Change
82.730(0.31%) |
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