Patriot,
You are right. For the last 2 months, majority of stocks are not doing well. Shiva, on the other hand, has not done well for much longer.
If you look at the chart, up moves are quick and sharp, while the down
moves take much longer.
Regarding tax selling, who knows if it's over or not? I can quarantee
that it will be over in 3 more trading sessions! Will January signal
the reversal? I don't know. We can only guess. I know that it will take more than good products to improve Shiva's and our fortunes.
For those who will accuse me of being too negative, being short Shiva and trying to scare others into selling to push the stock down, as of
now, I am long. I don't know if I will carry my position into next year. Some may even interpret that as positive: "Too many bulls are
turning negative", "If bulls are turning negative, soon all who wants to sell will sell and the price will have to go up". Thats fine with
me. I just stated my feelings.
Ed |
