A turn for the better?

A few days ago I opined that this could be the buying opportunity of a lifetime in stocks.  Well, perhaps some folks were reading my comments as the market has done very well since then.  To be sure, a rally was long overdue, because the market was very oversold. However, I have doubts that this rally can be sustained much longer, although there can be a few more up days. What is really needed is good news on the housing front and until that happens I don't think the stock market can advance with conviction.  Anyways, the media seems to be offering more hope on the economy and that is a relief of sorts. 

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