....is that 
Their problem still... and its scary for all of us is that they have all the same stock and have waited to sell into the rally that isn't happening.... they may get away with trying to sell into any stregnth... or maybe they are done!???
Friday, October 3, 2008
problem for hedgies
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3 comments:
as you can see, the mrkt is STILL doing exactly the opposite of what everyone expects. you fell for the trap, too (rally upon bailout)
So everyone expects a countertrend rally, then a leg up, then base-building and up we go. That's not unique.
What are the other scenarios here?
a) down without a rally
b) up without a leg down
c) ??
see, I only purchased what I thought I wanted to own long term....
seems like the most obvious thing is a spike bottom.... I just don't' think we can trade this without it....
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