Monday, March 30, 2009

Investors agonize: Is it time to get back into stocks?


Jin Lee / Bloomberg News
A trader looks at a monitor at the New York Stock Exchange. Since hitting a 12-year low March 9, the Dow Jones industrial average is up more than 1,200 points, or about 19%.
They're worried that a striking rally in the last three weeks will prove ephemeral. But they also fear that they could be missing out on a huge -- and real -- market recovery.
By Walter Hamilton 
March 28, 2009 
Reporting from New York -- David Preefer sold his entire stock portfolio last summer because he feared that share prices, already down sharply from record highs reached in 2007, still had a lot further to fall.

It turned out he was right. But a striking rally in the last three weeks has the retired lawyer and many other investors across the country asking themselves: Is it time to

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