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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (95650)3/24/2009 7:58:19 AM
From: Crimson Ghost1 Recommendation  Respond to of 116555
 
Several tech analysts I respect see this rally going to perhaps S&P 875 after some consolidation.

That means the rally is 75% done already.

One worrisome aspect is that corporate bond credit spreads have hardly narrowed at all despite the big jump in stocks.

Woe to anybody who overstays this bounce.