EP..
Stcgg,you were very bullish recently,what made you bearish?
Indu was up today,Nasdaq gave up some gains from yesterday....what is the real reason.
What happened to QCOM, any news? Thanks
Selling into rallies, commercial selling, earnings pre-warnings, analyst downgrades due to slowdowns, flow of liquidity from techs to old economy and bonds, more rate hikes because the CPI and PPI numbers are a myth.. Instances of crashed stocks obvious over the past 6 months, distribution occuring in select leaders, one by one they're all rolling over, including the USD.. Rising gold, distribution of stocks by foreign investors, low volumes.. The market's just puking.. Even Qualcomm got downgraded today..
It's all Smoke & Mirrors, like Fleckenstein says..
siliconinvestor.com
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