Wall Street needs a new road sign. “Caution: Sucker Rallies Ahead.”
Plenty of very smart people are wondering right now if we are due a very big rally. And maybe they are right. It is certainly true that there are an incredible number of bargains around. But that won’t necessarily mean the bear market is over. A look through the archives shows that big bear markets, like this one, last far longer than many people expect. And they feature any number of giant temporary rallies.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.