<aeronaut@[EMAIL PROTECTED]
> wrote in message
news:r5n524dr0g3b6an25mobe19tt48rjr8sqr@[EMAIL PROTECTED]
> What a shocker....Stocks are "ready to bounce back"....On what?
Two things:
1) You're posting here today, always a positive sign for the market
2) "BuffyTheProfitHater" went short, a VERY positive sign:
on 5/7/2008, BuffetHater@[EMAIL PROTECTED]
wrote:
"Bill Cara, a permabear just caved and gave his followers (if there
are any left) an outright buy signal based on the dow theory
(which told us to sell and live in the woods just a few month
back, lol) election year and strong international demand.
I will use this as my official reason to go bear and short the XLF
and QQQ.
Happy trading, dow run higher is over now and we will blow thru
the lows on the downside."
Neither of these two indicators is perfect, of course, like all
indicators, but apparently American investors were somewhat
encouraged by them...
---
William Ernest Reid
Post count: 1069
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