Economic numbers are showing signs of improvement
SUCKER RALLY!
Sucker rallies (or bull traps) in a bear market are a time-honoured tradition. Bear markets see many rebounds, ranging from feeble rises of maybe 10 per cent over a period of a couple of weeks to ones that last years and recoup anywhere from 50 per cent to even over 100 per cent from the low. Call it from the little sucker to the really big sucker. Little suckers bring a wave of short-term euphoria that “This is the end of the bear,” while really big suckers make everyone forget about the previous drop, and then just when they believe…[ read more... ]
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- A history of sucker rallies in the big bears of the century.
- Failed suckers, mini suckers, big suckers, really big suckers.
- So which is this one?
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