Is today’s stock market rally for real?

With the closing bell, today’s market recorded a significantly high spike to the tune of 5.8%! Somehow, when my ears heard the ring… it sounded hollow!

“Profitable” news from Citi chief this morning caused the spurt. But will this rally be sustained over the coming days? Already there’s talk of tightening credit. Metrics used by market analysts are signaling gloomy times ahead with a severe cash crunch looming.

FAZ is down at 60; I’m stuck with it, at 105. Will it rise tomorrow, or by the day after? Watch and wait for another day, am I kidding myself, or should I remain unfazed by DOW’s jump today?


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