DJIA In Rally Mode For 5th Day

Posted by Kris | Monday, March 16, 2009 | | 0 comments »

Wall Street moves higher, building on 4-day rally

Wall Street rises Monday, led again by financials; extends rally into a 5th straight day

AIG, C, BAC, HIG, MET is gaining traction. For once, there is a life pulse for AIG. XLF (ETF for financials are of course on the rise also).

Have we reach bottom yet or it is a bull trap? 

This rally has caused me alot of pain as I am in the SHORT side. :(