DOW Above 7500

[Expensive Date]

In my opinion this is a classic bear market rally it will drop again maybe a few times but when it does this it is historical close to a true bottom.There will be major Resistance to go below 6s and if it does it will not last long.Financials in general are at a 16 year low and I really believe are in better shape than our government and media wants us to believe.Goldman Sachs announced today it Will be repaying there bailout within 30 days.Bull market this time next year????The only variable is the baby boomer's what Will they do if the market hits 11500 or 12000 will the get out or will greed set in don't know.But there is only two emotions with trading greed and fear it will be an interesting year

 

[fund razor]

I had to sell about 25k worth of stuff my Mom's stuff to get my Mom out ahead of her expenses now that she is in an assisted living place. It killed me to sell into a 6900 or whatever it was at the time, but I had to do it. At least she has a little left that can ride.

 

[MarylandMark]

Up 175ish and now back down to up 130ish. Looks like I made the wrong move but I still think overall I will be better off in the long run (meaning my guess is today is a spike and we will go back lower sooner than later).