It has been one month since equities have gone up for more than a single day. It has been two months since equities have gone up for more than two days. Pathetic, isn't it? In the spring of 2007, the market went up virtually every single day for three months. So let's just say we've had a lot of trouble putting together a convincing rally recently.
The fact the market will almost certainly open higher this morning, in this context, means almost nothing. But at least for the moment all the pre-market quotes on my positions are encouraging.
