Underestimate the Rally?

There is a lot of talk out there about what kind of rally this really is and is it peaking? While no one can guarantee what the remainder of the year will bring for the market, we believe it is ultimately a bull for 2009. The double-dip recession is a current "fear" that many people have regarding an even worse financial collapse than there first. The fact of the matter is that housing numbers are improving. They are increasing in areas such as California, Florida, and New York, some of the most hard hit markets. The banks are slowly returning to lending and the effects of the TARP program are finally being seen. Jobs are still increasing which worries many. However, it is key to note that jobs are a lagging indicator and can often lag up to 6 months behind the market. We still believe there is correction in the near future, but it will not be near as bad as past occurrences  have been. While those on network T.V. and market analysts argue about the fate of the market, time is passing which has always proven the only effective cure to a market. Things are slowly improving which appears to be enough to get people back into action. There is also a much younger crowd starting to get involved in the market which is causing even more buying. To those looking to retire young, now is the time to begin retiring. Start investing wisely.