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Strategies & Market Trends : SiliconInvestor All Stars Forum

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From: SouthFloridaGuy3/5/2007 10:16:30 AM
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Looks like we hit our supports today and now the bears fun time is over. You know it's over when you get bear clowns taunting and bragging about the pennies they made on their puts (even though they've been buying puts for the last 3 years). A couple of weeks of rangebound trading and we begin a new leg with leadership coming from developed nations. Some EM could still be vulnerable as valuations in a lot of countries (China/India) are nonsense.

Overall, one of the more benign unwinds I have seen in a while.

Plain and simple, don't short a bull market if the RSI is below 30. Investing 101, folks.
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