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The fight between the bulls and bears is almost over

(2007-10-25 20:12:52) 下一个
After rising for 5 weeks in a row, the stock market found enough execuses to get a sharp selloff last week. In the last four sessions, the bears tried hard to drive down the market, but the bulls handled the challenge really well. They brought the indexes back up after the bears\' every attempt. With MSFT\'s great earnings report this afternoon, and the Fed\'s near certain cut of the Fed Funds rate by 0.25% next Wednesday, the bulls may finally force the bears into their caves tomorrow.

I was concerned over the last weekend based on technical factors. But now I think the bull-bear fight is over. And the market will resume its uptrend again very soon.
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