Up until recently, almost every market call by analysts was a return to the scary march and November lows. NOW -- we see that analysts are pointing to upside potential of 1070 from its current 1000 on the S&P. Some analysts are even calling for further upside of 10%-20% more!
The change in opinion could mean that we're finally due for a market turn. We hope that we don't see a return anywhere close to the March or November lows -- and do, indeed, see an end to the recession -- but we are also wary of the change in atmosphere. Markets don't continually go straight up or straight down. The pendulum will eventually swing the other way.
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