Retail sales figures were much better than expected. GE debt did not get downgraded nearly as much. Pfizer came out with a really sweet cancer drug. Will we have a sustainable bear market rally? Personally, I think we are going to need to see more good news to continue this rally. Although there are some signs of things bottoming out, I am going to wait and see if this isn't just the eye of the storm. The next week to week and a half will tell a lot.
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