Home > Blogs > John Guiney > John's Blog

Bear Market Rally or return of the running Bulls?

By John Guiney

Real Estate Agent with Keller Williams Realty

March 10, 2009 04:16 AM

As I write this post I am listening to the talking heads at CNBC and wondering if anyone there really has any clue about what is going on. Personally I am hoping for the start of a Bull Market but I am old enough to know that just bringing back the "uptick rule" won't determine the answer.

If indeed this turns out to be the starting point for a Bull run then I guess we could conclude that the financial course we are on is starting to produce fruit. What do you think? Are you bullish or bearish?

Re-Blog

Comments(7)

Comment

Show All Comments

Sort:

Terry Haugen STAGE it RIGHT! 321-956-2495

Stage it Right! - Melbourne, FL

John, don't get your hopes up. The market hasnt seen its bottom yet. Sorry!

Mar 10, 2009 01:59 PM

John Guiney

Keller Williams Realty - Quincy, MA

e-PRO, CBR

Terry - I am an eternal optimist whose hopes are always up! Right now the market is up for the second day in a row! The pragmatic part of me knows that we are in for a long haul but the recovery has to start sometime.

Mar 11, 2009 02:20 AM

Terry Haugen STAGE it RIGHT! 321-956-2495

Stage it Right! - Melbourne, FL

John, sometime would be 36 months from the start of the recession, according to several noted economists. We need to remember, our country has been in this same position many times before, we always manage to come out of it.

Mar 11, 2009 01:33 PM

Wendy Welborne-Kimery

Keller Williams-Lake Norman Mooresville,NC - Mooresville, NC

I like to be optimistic as well. However, I don't think it will ever be as it was when you consider it was based on falsehoods.

Mar 17, 2009 01:09 AM

Matt Listro

National Credit Fixers - Matt Listro - Vernon, CT

Your Credit Repair Expert

I wish that I was bullish - I am just not there yet.

Matt Listro

NCF

Toll Free: 888-NCFIXER (623-4937)

Toll Free Fax: 888-FAX-4020 (329-4020)

Local: 860-282-6181

330 Roberts Street 4^th Floor

East Hartford, CT 06108

www.nationalcreditfixers.com

Mar 17, 2009 01:10 AM

John Guiney

Keller Williams Realty - Quincy, MA

e-PRO, CBR

Wendy - I often look at the past with rose colored glasses and think things may never be better than the old days. However the old days were not how I remember them. I'm pretty sure that if you knew or lived with anyone who lived through the great depression they would have told you stories that echoed your sentiment that the economy was based on falsehoods. We survived that and we will survive this!

Matt - I'm not bullish just yet, but another weekly gain on the markets would help push me in that direction!

Mar 17, 2009 01:18 AM

Jenniffer Lee

RE/MAX Complete Solutions - Boca Raton, FL

Broker/Owner/Realtor at RE/MAX Complete Solutions

I'm with you... optimistic. Buyers are coming out now, which is great for real estate and will help turn things around. Everything is linked together.

Mar 17, 2009 01:37 AM