Our Awful Situation

Sucker’s Rally? Stock Gains Likely to Be Short-Lived

Posted by Charlie Kilo on July 17th, 2008

No doubt about it…

While this week’s stocks rally isn’t making long-term believers out of many people, it does have market pros excited about being able to cover damage caused by recent woes on Wall Street.

“It’s a sucker’s rally,” Kathy Boyle, president of Chapin Hill Advisors, says of this week’s market move. “If you make money here, don’t get greedy.”

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