Optimism in the Market

The market has remained steady over the past week. This can only be contributed to new optimism in the market. A kind of optimism that has not been short lived as in previous rallies. We are starting to see the glass as half full instead of half empty. While we still have a ways to go to see an ongoing bull market, we may have the optimism we needed to go along with continuous good news to sustain this rally.

New details were released on how the Treasury is going to spend some of the bailout money. Details on the toxic assets plan are expected to come out tomorrow. Oracle also was one of the first companies releasing earnings news which also came out well. These are the types of news we need to continue a rally. The government also said that the economy is set crawl out of a recession by the end of the year. The more we see improvements in the bailout and the economy, the faster we can start making cash money again. Incidentally, the stock market tends to start recovering about 6 months before the economy so invest appropriately. Any functioning market is one to make cash money in. Let's take advantage.