looking at the stock market today, it would be hard to believe that we in a bear market. most of the resources are back to where they were before all bad news started. now for the life of me I cannot figure out how a auto bail out is the solution to all our problems... some one has to buy the cars, drive it etc... but if you cannot get money, then you cannot buy.. so what the bugger is driving up teh market...i can only think emotion. bitter as I missed out and bet the down side, now I loose both ways
I doubt that auto stimulus plan is fully driving the market. I think people came to terms with the idea of a recession. The panic is sort of fading away, panic was actually driving the market down in the first place. I dont think all is green though, there will be dips and horizontal movements, but maybe not as bad as a month?