WSJ: Was it a sucker's rally?

[RobinFinderson]

I've sat gritting my teeth with all of my savings on the sideline as I've watched the stock market rally 30% in a brief period of time. Fortunes have been made, but I still can't bring myself to put any cash back on the line. To me the economy still looks bleak, and I'm concerned that the big institutional investors are going to wring that 30% back out of the market and put it in their pockets, leaving small investors worse than before.

A WSJ Opinion piece titled Was it a Sucker's Rally? echoes my sentiments.

[beefytee]

Yeah, back when the market was about at 7000, I would have jumped at putting money in if I had some laying around.

Probably not so much now.

I'm sure there will be swings both up and down over the next couple of years.

[byu71]

I've sat gritting my teeth with all of my savings on the sideline as I've watched the stock market rally 30% in a brief period of time. Fortunes have been made, but I still can't bring myself to put any cash back on the line. To me the economy still looks bleak, and I'm concerned that the big institutional investors are going to wring that 30% back out of the market and put it in their pockets, leaving small investors worse than before.

A WSJ Opinion piece titled Was it a Sucker's Rally? echoes my sentiments.

Calling the short term is difficult and knowing what the long term results are is a guess. It is my humble opinion that you don't listen to anyone's decision, but analyze and think about what they say in order to come to the conclusion they do and see if you agree or disagree. Also, look at what they don't say that you have garnered from other folks thoughts.

Is this a suckers rally? If the market pulls back by 10% or less before heading higher, I don't think it can be called a suckers rally. If we give up all we have gained from the 1st of March, it could be surely considered a suckers rally.

You are in a tough place right now and will continue to be tossed to and fro by your emotions and so called "expert" opinions. Good luck.