Forget a rally people. There is no reason to buy. If anything there is more reason to sell. The trend is down for the US. The bear market has only just begun since the 9500 level was breached on the dow. It will be a slow unwinding in value just like we saw in the NASDAQ. The writing is on the wall for the US and the US dollar. The two biggest hints are the strength in the Aussie dollar and the strength in gold which usually trades in parrallel to our currency and an inverse relationship to the US dollar. I think industrial stocks will get cheaper from here and good gold stocks will outperform.
What makes things worse is when people start blowing up embassy's, cafe's, aeroplanes and busses.
