The writing is on the wall. Bear market is over. I remember all the shorters and doom sayers flapping just after the low of 2003. We all know what happened afterwrds there... Interest rates are going to plummet here. 10 year bonds at about 5.5%..official rates at 7%. Expect another 5 or 6 rate cuts in the next 12 months.
Nothing has changed it seems when it comes to the flappers lol.
Oh yeah, naked short selling banned here too after market closed today...
UMC Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
