Cali...The market lost 7000 pts in a little less than 6 months, but you are saying a 3000 pt gain in 6 months is too much?? How do you figure? Everything is improving, just take a look at the numbers! Just as everything was going the hell during the crash. Some of the buisness folks I know told me as Matt has said March was a once in a lifetime trading opportunity. These are people that have been in the market for 40 years!! You can already see the market stablizing...you don't see 400-800 pt moves anymore. I believe we trade in the 8000-11000 range for awhile. We are not heading down 17 months in a row...haha
Biggest rally in history??? Are you forgetting that the Dow went from about about 14K down to 6400 in about 15 months. I mean yes the market has had a nice rally but good god the sell off was way overdone. It was bound to rally hard.