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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (149881)3/5/2009 1:34:30 PM
From: ogi  Read Replies (1) | Respond to of 313137
 
Seems the media are happy to be trumpeting all the bad news and there is no shortage. We get a bounce when it is determined by the media some positive spin is required. After that the facts rule again, can't see a bounce lasting for long at this point.

The selling has been extreme and I am surprised there have been almost no up days for the past month, where in the space of about 4 weeks the big indexes are down around 16%. Just feels like last November all over again and getting worse and now setting new lows. November felt like panic selling, this does not.

Cheers,
Ogi