leroyt, what do you expect from a guy who cannot spell 'loses' correctly?
He has NEVER backed up his claims about company financials with facts... always more lies and obfuscation.
He's arrived later than usual, this time. I think he's looking for the last few drops of blood from the stone... he and his short friends don't want any competition for the few shares that get scared up as the shorts pound and pound stocks down, market-wide. They need to cover here, and they know it. So do we. I'm sitting on a pile.
I think we get a stealth bottom formed, then a short-covering rally as we run through earnings season... maybe a retrenchment in late Oct/Nov after that, as recently retrained bulls trade short-term, thinking no rally can last anymore and as shorts try to squeeze down equities one more time (their mistake), then off to the races when it sinks in that the world is not headed to recession after all.
Just a WAG though. Threats of war in mideast, sinking euro, drop in opec oil production, etc could always change 'perception' |
