More wash and rinse. . . eventually they will sucker us all to some extent. . . <smirk>
Yes, we saw another narrow based rally today, while declines STILL outpaced advances. . . and small caps made new lows. And we saw a glimpse of rally, which lasted a few hours. . . but as I look at 1 min. intradays on key stocks like T, WCOM, AOL, DCLK, etc. I notice that buying dried up rather quickly. . . and certainly did not build into the close. . .as it would in a REAL rally.
Sorry folks, I am still bearish. . . though I am salivating on certain issues and even licking a few. . . .but today was one of the biggest advances in gold and gold stocks yet. . .and today's overall volume was not convincing either.
These big net stocks can drop 4, 6, 8 points in a day. . .or even in an hour. . . but in one of these "rallies" they only gain 1 point on average. . . then buying dries up.
Nope, not yet, IMO.
Rande Is |
