ChartoftheDay.com had an update of their chart labeled “Depression-Era Bear Market Rallies (Dow 1929-1932)” which is interesting in many, many ways, starting with the fact that it only concerns one particular three-year span, which implies that thereafter there were no more bear market rallies of note, …

Euro climbs back to 1.30…  High Yielders bounce back…  Gold to hit $1,500?  Kurt Richebacher… And Now… Today’s Pfennig!

Cash McDash is on a roll.  Just don’t give him grief over his new nickname.  There is an art to making money in bear market rallies. Cash explains. Is this China-based pharma company a great buy… a great short… or none of the above?