Contradictions. Hopes. Wishes. Fears. Concerns. Elation at any sign of bounce. Despair at new plunges to newer depth. Miasma of feelings. Analysis justifying hopes and wishes, not backed up by execution. Divorce of analysis from action, in a fact, defacto paralysis of analysis. Classic signs of panic, bubbling out of genuine concerns.
All stocks are a sell, except ORCL, or in my case, all stocks are a sell, except AMGN, AOL, CHL, SNE, ...
The silent utterances of "is it the bottom?", expectation of a once in a life time event, will be replaced with "is it too late to sell" during a bear market process (not a singular isolated disconnected event).
This is precisely why disclosures are important, as it adds weight to analysis, or subtracts mass from opinions.
Some of us may disagree on the depth, the duration, and the shape of future recovery. We are not in disagreement on what is happening, unless some of us are saying "this is an inventory correction, and we are not in a recession, nor are we going to be in a recession". There are always mainstreamers thinking these thoughts, and for them, time will tell, rather quickly, I expect. This is what makes debates fun.
Chugs, Jay |
