Mish's Global Economic Trend Analysis Message Board

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

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To: benwood who wrote (67089)	8/2/2007 2:10:02 PM
From: ajtj99	Read Replies (2) of 116555

Give me a break and please, excuse me if I puke over everyone here. If you're short and have gains and the market reverses, you cover your short or hedge long. When momentum reverses, the herd moves with momentum. When people bring out the PP* stuff I find it usually has more to do with the market moving against their own personal bias. It's also amazing that people will find it easier to believe complex conspiracies than simple cause and effect. Good technicians saw the low made yesterday. If you didn't, I guess it looks like a conspiracy that we recovered off of historic oversold levels. Sheesh! Barf.

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