So how long do you think this bailout rally will last Stock?
its gonna lose steam pretty quick I bet, then we will get a bounce in January, maybe a big one. That is when we see if this has legs. I doubt it mainly because the global recession is just starting. most nations reporting contraction have just begun to admit this (Britain, Germany, Singapore, Japan, etc). no way this is at bottom by next summer. maybe end of 2009 at best. THAT is when you generally see a low in equities, right at the worst of a recession, and then equities lead on the way up.
then again, nothing has been "normal" about this contraction. % losses already way above average for a bear market, and the time scale for duration of the "recession' will be longer than average as well.
just my opinion of course.