Here is the new game. The street know the investors bearish sediments and are playing off it. What we are seeing are head fakes of major drops with fantastic finish. These guys are playing daytraders like a fiddle. ==============================================================
Hi Smart_Money,
I wholeheartedly agree with your premise.
Though I haven't traded any non gold /silver stocks in almost a year, I have two bearish day trading / swing trading buds who keep selling the breaks instead of the rallies and 'end up' getting reamed on a continuing basis. They don't seem to understand (or want to believe) that there is a pretty much immovable force that just seems to show up at the strangest times. <gg>
I'm sooooo glad I converted to goldnutism a year and a half ago for I would surely be wearing a body bag by now instead of savoring triple digit % gains.
Kindly excuse me for boasting, but I'm so darn happy to have finally called 'one' for my friends who went down with me in Global Crossing et al!