Reply #4: sure it is. the Stock Market is a Psychological game

[Bold Sea Captain]

and People are starting to thaw from the deep freeze that Fear had them in.

as more and more people become convinced that things are improving,
their actions will change.

Main Street stopped spending because it looked like we were headed into a Great Depression,
not because there was no money to spend.

Buffet himself said that people were acting highly irregularly en masse, and this was causing the major problems.

When the masses see Wall Street rising, they will return to their normal spending patterns.