The Stock Market: Bear or Bull

Ok, so this week I decided since the stock market seems to be going on the uptrend, (knock on wood) I felt obligated to talk about it.

Recently I just started a Roth IRA, an individual retirement account, yeah super early I know. Since the market has been at all time lows in the past month, I decided it was time because in my opinion the market is so low how could it get any worse. I know as soon as I say that someone is going to get on here and say of course it can get worse. Well anyways you know what I mean. I'm being optimistic in that I hope by the end of this year or the beginning of 2010 the stock market will be going strong again, and after yesterday's 500 point raise in the DOW, things are looking good.

Anyways, I was listening to the radio this morning and heard that some are arg

uing that the bull market is in and could encourage the market to rise even more day by day. The difference between bear and bull markets are the bull is good that means that the buyers are optimistic and buying, the bear on the other hand is pessimistic and thats what some same we are still in and could be in with the current "recession".

Regardless of what people are saying in my opinion, things can't be any worse now than they were in the depression. I'm a firm believer in the fact that the depression was a one time slip up and we could stop another one from happening after FDR enacted that the market will close before it crashes. Ok I'm done ranting on. No malicious comments please haha.