RE: Outstanding!I think we're still a long way off before sounding the 'all clear' but today was a pretty fun day nonetheless. It was only a matter of time before a spark ignited a rally considering how over-sold everything is...I follow oil & gas producers as well and they've seen a nice bump this week as oil prices have stayed about $40/bbl. I think we're still going to be in for a rough road, but it definitely appears that there are people out there who want this to be over and are willing to move money back into financials.
On another note...weren't there a number of posters who told us that RY's next stop was $25 on the way to $20? Why are they so quiet today? They love to shoot their mouths off every other day trying to convince us to buy a useless yellow metal that people in ancient times used as currency. Not that I mind not hearing their commentary, but I suppose they were too busy making millions on their penny stocks.
Good luck to everyone...including the mighty penny stock barons....tomorrow!