Sucker's Rally ?

[njdevil]

What is the general consensus on this ?

http://m.nypost.com/ms/p/nyp/nyp/sEX-N1WMKVt_rrz3VgWirMw/view.m?id=20570&storyid=4.0.650836223

[g92069]

Let me preface what I am about to say by stating, I don't know squat. That being said, I believe anyone that is not in the market at this moment is the sucker. Is there a bubble? Probably. Will there be another correction? Yes. How major of a correction? NOBODY knows (and he's not telling).

Until 11.01.08 I was invested in Mutual Funds through an old 401K that I had from over 10years ago. I am sad to admit I just let it sit there. But anyway.

On 11.01.08, I rolled over the 401K ($19K) to a self directed IRA. As of today I have about $63K in my account. I can't daytrade and I can't margin (not allowed in IRA's). Too bad........

The market is manipulated all day, everyday. Some of the manipulation is articles like the link you posted. That (in my opinion) is someone attempting to keep you from making money.

Pay attention, hedge your bets, and educate yourself. Don't be a sucker.

[yoyomama]

Let me preface what I am about to say by stating, I don't know squat. That being said, I believe anyone that is not in the market at this moment is the sucker. Is there a bubble? Probably. Will there be another correction? Yes. How major of a correction? NOBODY knows (and he's not telling).

The market is manipulated all day, everyday. Some of the manipulation is articles like the link you posted.

Pay attention, hedge your bets, and educate yourself. Don't be a sucker.

I copy & pasted some points of yours & would say...totally agree.
Well stated & to the point....that's my opinion anyway.

[peanuts]

I was pretty bearish for the first few months of the recent upswing in the market. I'm still a bit bearish, but there is no sense in fighting the tide.

Not everything floats, however