[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.