Looks like the markets have decided the bear is behind us? I don't see any reasons to expect a bull market but I've begun buying shares again. It was a good feeling to actually start buying something after so long.
I'm not really expecting a substantial rally from these levels, but I get the feeling that the bottom has been and gone. For instance, I missed out on BP @ 350 and BARC @ 315 this time around and VOD sub 80p last time. But BARC @ 350 is starting to look like a good decision (Just got £650 in dividends too).
I just don't see how newsflow could push these markets lower. We've had 9-11, 3 years of economic recession, Gulf War II and SARS and we're still around.