On Bear-Market Rallies

Bear-market rallies are strange phenomena. They exist for all but the savviest traders as teases, a brief flurry of optimism that inspires a bit of confidence that is all-too-fleeting as other fundamentals overwhelm a particular stock or index, sending it lower.
The rally that lasted through the past two weeks may indeed represent a final bottoming-out (one that will be re-tested later), or may be yet another of these eternal teases,…
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  5 February, 2008| Economy | @ 22:00

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