It’s interesting to see the development of a “sell the news” mentality. If you’re a bull you have to feel pretty bad about the predicament you’re in….
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# 1 September 2009 at 9:55 AM
EL said:
You called it ! the top is a process not an event…seems to be morphing into the exact opposite of end of Feb/March. The big question remains, does this fizzle and do the last hurrah dance into Q4/1 ? or does momentum take hold long enough for data to confirm things are not as good as they seem?
I like the red numbers, I hope this is the beginning of a cathartic cleansing of the system (one can only hope)
It’s interesting to see the development of a “sell the news” mentality. If you’re a bull you have to feel pretty bad about the predicament you’re in….
You called it ! the top is a process not an event…seems to be morphing into the exact opposite of end of Feb/March. The big question remains, does this fizzle and do the last hurrah dance into Q4/1 ? or does momentum take hold long enough for data to confirm things are not as good as they seem?
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