that is the market I know... it has to fuck around with some nice denial... and screw people who "Sell bad news"..
cause the market just doesn't work that way. The worst thing that could have happened to the bears was dubai... so It could sucker them in to get crushed.
maybe this is the sell opportunity... but it just goes to show the mistake of selling a down market.
Same shit different day.
I was reading the Niall Ferguson Krugman Feud.... I was trying to find a detailed Resume of Niall. Seems like he is more of a historian than an Economist... and to beat my dead horse of late...
He just can't do the maths...
but seems like his point is more to be a cult of personality, than anything else.
you would think I'd give you some links .... wouldn't you
2 comments:
Ferguson is an historian with temporal lobe epilepsy like Dr. Brett: can't stop writing and writing and writing....
Good call on the end-of-day run. Punish the bears, wtf, why not?
Good short op for industrials here? (ala, Notley.)
hmmm.... the target of this consolidation could be 10pts higher..
without euphoria it's a much harder game.
but this bounce could be just what "They" need to chase it higher...
the market just needs whoever they are who sold the dubai news to give up.... then we can sell off again..
hard to know where that is..
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