[prieur]

The SEC’s announcement to curb naked short selling, together with a dramatic drop in oil prices and a series of better-than-feared earnings announcements from US banks, triggered a recovery in investors’ risk appetite, resulting in a strong stock market rebound.

Although the near-term outlook has improved and the long awaited technical stock market rally has probably commenced, it is premature to cast caution to the wind.

Follow the link for some thought-provoking news items and quotes from market commentators during the past week.

http://www.investmentpostcards.com/2008/07/20/words-from-the-investment-wise-for-the-week-that-was-july-14-%e2%80%93-20-2008/

That's the way it looks from here. What do you think?