AS,
It is obvious from posts like this one of yours, that you still don't see what is going on here. Listen to what the market is telling us. It is telling us in big, bold, red letters "SELL ME, I am going lower". It is certainly not asking to be bought.
"We did get a relief rally. On Monday and this morning. My Lu for instance moved 30% and I sold it just under 13.
Rally was cut short suddenly by the market's perception to Greenspan's move. "
How does this line up with what the market's telling us. The answer is that it doesn't! There was no "relief" rally. That was only short covering, profit taking by short sellers, and others reducing risk on the short side, not to mention the manipulation factor by big money that is in the habit of taking cash from traders that currently see things as you do. There was nothing sudden about - it's been a long long trend.
"Hard to imagine where the shorts think we have to go from here on the downside"
Down, down, down... Is that clear?
The picture is set before you, will you see the light? It's time to change your thinking. I've already made that suggestion, but apparently you aren't listening.
KT |
