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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (56912)4/10/2014 4:00:15 PM
From: The Ox   of 57684
 
I think your purchases will work out nicely but we have some short term turmoil in the markets. I don't think I've seem so many negative views on a market that's making highs or a stones throw away from them.

Many stocks have come back to earth from soaring in the stratosphere. We are also seeing more and more shorting going on, the sizes are growing substantially in many stocks I follow. It may be the market is going to break down, I respect this possibility but I haven't seen what I need to see to be bearish as of yet.

Days like today are important and do damage to the bull thesis but let's first see if we get a more substantial pull back going forward.

The AAII numbers were relatively negative. More people are bearish to neutral vs. bullish by almost 3 to 1.
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