Except I suspect alot of this rally is money managers trying to make their funds etc. look better and fluff and fleece the j6p who gets sucked back in.
But
Oil prices edging back up
Agriculture prices edging back up
Rice shortages in many areas of the world
Sales at REO auctions practically nada
Unemployment edging up
Even Bush dept officials acknowledging declining oil production
Cease fire in IRAQ is weakness for exisitng government, means more US troups for longer
And so on you add to the list
So I don’t get it either; unless it was the news that Demo’s and Repub’s are coming together for another bail out – they discovered new magic Kool-aid.
