So much for "the end is near"

I took a trade today which I'm quite happy about. Although there was a few false start but I still manage to get in to enjoy some of the ride. Here's a screenshot of it. It's good to take trades like this after a long time.


And after the G20 meeting, the media has been singing with news that the end of the recession is near. Market rallied. Shares went up. Everyone's happy. CNBC was so upbeat that it sounded like a motivational channel to me - almost like watching oprah. (she's better of course ;) )

Well, the media may sound upbeat... but so's the comedy channel :) Today CNBC reports: Banks' Toxic Debts Could Hit $4 Trillion. I guess the only positive note in that headlines is the word "could".

*update*
And a day after the above post: Bear Market Will Continue: Roubini ... So much for the end is near.