http://stockpreacher.com/stock-market-capitulation/Wrong part of the sentiment cycle Brainiac....
A key factor is preventing huge panic selling of shares and augurs for an equities rebound is the piecemeal nature of government attempts to rescue banks and the economy, according to analyst , Sitaraman Shankar. “We need to see an index falling 7 or 8 percent intraday in high volumes and then ending up nearly flat on the day as the buyers come back in,” said Philippe Gijsels, strategist at Fortis in Brussels. “What we’re getting instead is Chinese water torture, and no massive cleanout.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
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