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sokol

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sokol

Re: None

Thursday, 07/28/2016 7:06:24 PM

Thursday, July 28, 2016 7:06:24 PM

Post# of 459474
The reality is that stock market participants constantly overreact to new information. Many of us overreacted previous to the news with high expectations. The news as reported warranted a move down I believe, but I think we are now seeing an overreaction to the downside.

I have been reading the back and forth on this board for the last two days. My best judgment is that it is premature for anyone to say anything definitively. Therefore, I will maintain my long position waiting to see what results emerge at week 52.
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