shorts are not going to cover until they see a rally that holds, no real reason other than greenie to think the next rally will hold, without greenie, we are left with fundamentals, and no one can really say when the growth is going to kick up enough to justify higher multiples, lower interest rates is just one part of the equation, im sure a year from now we will be higher, short term, we could go higher, but we probably havent seen our lows for the year yet imo
will not bother me a bit if im wrong, i do much better playing longs than shorts, but the market is the market, it does what it wants, we just have to stay with the main trend if we want to survive |
