Another one day wonder. My portfolio as a whole was up about 14% today, still doesn't come close to erasing losses over last two weeks. There was an analysis in the WSJ after the early January burst that showed that the largest one day advances all occurred in bear markets. Maybe some of you saw it, don't have a link handy. Guess it means we are still in the bear's grip.
On the SI home page, there is a "Cool Posts" link to a message discussing irrational exuberence of the bears (predictions of single digit stock prices for quality companies, rumor of LU backruptcy, etc.). It's entertaining reading, just hope it truly is irrational.