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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Giordano Bruno who wrote (66903)7/26/2007 12:31:03 PM
From: mishedlo  Read Replies (2) of 116555
 
Pavlov's Dogs
globaleconomicanalysis.blogspot.com
Like Pavlov's dogs, stock market bulls are salivating to buy the dip. Bulls are ignoring the fact that risk is way underpriced and fundamentals as well as market psychology have dramatically changed for the worse. Yes a bell is ringing, but it is a liquidity warning not a dinner bell. The difference is vitally important but both bells sound alike.

Mish
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