I’ve been a market watcher for years. Though I am heartened by the recent rally, I’m scared that this is just another “sucker’s rally”. I am afraid that the momentum that carried us up is about to turn bearish-what’s your take?
Should I sell out and retreat into cash for a while?
Or, is this the beginning of the sustained rally that will push the Dow up 1000-1500 points?
Just can’rt make up my mind!:eek:
I have seen an optimistic analysis. It talks about rising profits, low interest rates, no likely oil price hike, less likelihood of intrusive new government regulations as the Enron scandal recedes, and it predicts no new risky foreign policy endeavor between now and the election.