I simply meant "confusion" in the sense of short term market calls, since that's what I felt would be "faded." Longer term, fading this board means that one expects July 24th to have been THE bear market low. But again, I doubt anyone here plans to stay totally short for the duration (except in specific stocks, of course).
Over the next few days, though, I'm not sure what fading this board would mean, as no one other than Unbelievable has, to my recollections, come up with a concrete read on the next handful of days. I know I haven't. To wit, you are looking for a potential whipsaw but also one more low -- a hard position to fade, though you maintain a short bias, so the "fade" would be long now. . . but you are expecting up <g>
that's all,
the freep |
