Monday, August 8, 2011


Just getting back, and I was actually catching up with an old friend who was telling me that this is just another buy the dip scenario and tha tthe market will recover by the end of the year

Who am I to argue?

So much for holding the lows! Thats why volume is NEVER enough, and without other confirming factors, it's just guessing

Breadth is -3000 and showing no signs of letting up at all here

This is major nastiness, and there will be plenty of talk about fund liquidations and margin calls


No comments:

Post a Comment