Say it, Mr. Bear, it is over

After a powerful 20% rally in the past two weeks combining Wells Fargo’s upbeat earning prediction, it is time for Mr. Bear to say, ‘sorry, my time is over. Mr. Bull you can take it over’.

Although there are still doubts and challenges that question the realness of the rally. That is simple NOISE. The uptrend has been established, somehow shaky. But it is there. Consider GE, who has been consistently climbing in the past three weeks from single digital back to double digit. It basically has ignored the noise, which is a typical example on the rally.

Investment should not fixate on particular pattern in terms of market trends. It was easy to stick with the trend *after* it is there. However, it is not easy to face the trend reverse. Many don’t appreciate the change or ignore it. My system had been developed after taking plenty of time to develop it and it was working and it should be continuing so. Not, that is not so. There is not still strategy.

The most fundamental change in market mood is that the government is using all and every means, long-term or short-term, to stimulate the market. It is said never fight with the Fed. Think about there is someone who has 10 times of power more than the Fed, the chance of winning the game is zero, no chance at all.

So it is time to change thinking and strategy. Think long.