Markets Rally, and the positive bullwhip cracks

Markets are always among the most intriguing animals in any geography. From dismal doom, some large cap stocks are up a staggering 70% from three months ago.

Some of this should be attributable to the bull whip effect ... more people jump in on the anticipation of higher returns as time moves forward and they do it as the perceived mythical bull hits its perceived stride.

http://en.wikipedia.org/wiki/Bullwhip_effect

Already, people are talking about 400 point intraday moves on Wall Street. I just hope the enthusiasm lasts.


Another rather inexplicable tit-bit from the tube ... statistically, the market always runs up leading to an election, and then drops irrespective of the result. Strange, but apparently statistically true.