11. The rally had the air of a religious festival, with chanting, singing, and many invocations of God and Allah. 12. The rally has him fourth overall and on target for a return trip to Olympus. 13. Venezuelan shares fell amid concern that a recent rally has left many stocks overpriced compared with future earnings potential. 14. Venezuelan shares fell for a second day as investors sold stocks on concern that a recent rally has left shares overpriced. 15. While higher stock prices may ultimately help companies raise cash and buttress sagging balance sheets, economists say the rally has yet to win over foreign investors. 16. Will the rally have legs? 17. With both foreign and domestic investors pouring money into Brazilian stocks, the rally may have more staying power. 18. Yet the rally has some investors crying foul and many predicting a collapse in the next few months. 19. Another reason the market could move higher from here, analysts said, is that the recent rally has had some muscle. 20. But yearend holiday rallies have weathered difficult market conditions in the past. |