hi, John....
i think we need to crash,,,consolidate,,,then recover.
retesting of lows may offer the same strength in this market....but i don't know...i just get the sense that people are just trading and taking profits when they see the slightest retracement.
i don't know if the bull is dead...but it's definitely got the flu....and may need an ICU admission....
sentiment has changed. psychology has been affected.
look at MSTR, EMLX for recent examples...look at BGEN today,,, VPHM today....yikes....a downgrade,,,and it gets cut in 60%? who'd want to invest in this market?
mike |