And indeed there was a rally

In my last post, I was optimistic about the rally on the wall street over last week. And indeed there was a rally... Al bite maybe for a short time but it came at a time when everyone desperately needed a ray of hope. Nobody really knows if the stock market has seen the bottom and will move up from here. It could very well turn its back and start its downward trend again leaving us with false hope. Many of the wiseguys on the financial news channels sound convincing on both positive and negative predictions. Currently small cap growth,large cap growth stocks look attractive. Consumer retail sector is promising and so is technology. Looks like financial services stocks have bottomed out and showing some positive turn ... No one is smart enough to predict the future markets accurately but optimism sure matters. So Cheers to the rally and hoping for more !!