This is another strong bear market rally. Nothing less; nothing more. In addition to the unprecedented surge in bullish sentiment, we never had any real capitulation involving heavy public dumping of stocks and mutual funds.
george is it possible that the technology has quickened the time frame. ============================================================= The kinetics of money has changed somethings I would suppose. Money moves around the world faster than it once did many decades ago. Look at George playing the American market one day and the Asian market the next. Not sure if he can get both in in 24 hours <G> Perhaps technology and easy transfer of fiat money makes for more effective smoke and mirrors tactics, but in the end I can`t see that it changes the fundamentals.