A Bear Market Rally?

Stocks did pretty well last week.  Given the backdrop of another interest rate reduction and the Microsoft bid for Yahoo the fact that stocks were up should be of little surprise.  The issue is whether this was the beginning of a climb back up or just a rally in a bear market.  I lean to the view that this current period of strength is a great selling opportunity.  There are still way too many problems on the economic horizon that will have to be resolved before stocks can sustain an uptrend. 

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