Friday, March 07, 2008 1:06:25 PM
i think it's best on days like this to note the trend, visualize the channel, and tune out the noise. imo the reason the bears get quiet on green days is because they're busy making money going long like the rest of us. otherwise they wouldn't spend so much time posting here.
stocks are all about making money, not saving souls, and so each and every poster here has a profit motive. when you think about it, there's nothing better to flip than a safe stock. and after the protracted downtrend we've had, it's easy enough for the bears to go negative after they've sold and manipulate the market lower by sowing seeds of doubt. many of the longs are so rattled it's like taking candy from a baby.
i predict we'll hear nothing from our bears again as soon as we touch the support and bounce. rinse, lather repeat. jmho.
stocks are all about making money, not saving souls, and so each and every poster here has a profit motive. when you think about it, there's nothing better to flip than a safe stock. and after the protracted downtrend we've had, it's easy enough for the bears to go negative after they've sold and manipulate the market lower by sowing seeds of doubt. many of the longs are so rattled it's like taking candy from a baby.
i predict we'll hear nothing from our bears again as soon as we touch the support and bounce. rinse, lather repeat. jmho.
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