March 2009 has been the best month since October 2002. Investors where buying up top-performing bank and technology shares as the first quarter closed today. News out of Europe made investors feel a lot better making the losses incurred on Monday less of a factor. Technology shares added to a strong three-week rally. The increase in demand for personal computers in China and the United States, and potential restocking of inventories in Europe aided in the rally.
This doesn’t mean we are out of the woods yet but it is a great sign that we are heading in the right direction.
