Check out the latest "Wall St. primed for a rally!!!! If we were you, we'd buy, buy, buy!!!" article from the Corporate Media:
http://money.cnn.com/2009/03/07/markets/sunday_weekahead/index.htmWall Street: Ripe for a rally?With little on the economic docket and the Dow and S&P 500 at 12-year lows, stocks may be gearing up to surge but it may not last.
By Alexandra Twin, CNNMoney.com senior writer
Last Updated: March 8, 2009: 12:15 AM ET
NEW YORK (CNNMoney.com) -- With little in the way of earnings or market-moving economic news on tap this week, stocks will continue to take a cue from the financial sector as investors try to see if the latest levels can hold.
There's been such a tremendous selloff in the financial sector and in some of the retailers, that at some point even traders who are betting on a weak market are going to want to get in, said Fred Dickson, chief market strategist at D.A. Davidson & Co.
And the mild reaction to a dismal jobs report last Friday could suggest that the time is nearing.
"How much lower can Citigroup go when it's down around a buck?," asked Dickson, adding, "We're starting to get to the point where the risk of a big upside in the market is greater than the risk of a bigger downside."