It would be nice to talk about specific stocks again, but which way for the overall market now that it has rallied so hard from the base of the crash in March. The big question is not which stock will outperform others, but whether it is up from here or back down into the abyss.
Ever since the credit crunch began to take shape, market direction has been the overriding issue for investors and until a few short weeks ago the bear market had been crushing. Knowing this in 2007, only a fool would have held stocks–until recently.
