Zeev's Turnips Patch-No Politics (ZEEV)

[Dances-W-waves]

This concerns me.

http://www.msnbc.msn.com/id/3683270/


"We’re seeing an emotional market now,” Peter Cardillo, S.W. Bach’s chief strategist, said. “The market is pricing in not one rate hike, but several rate hikes this year. But I think the market is becoming oversold on a technical basis, so the fear of higher interest rates is probably exaggerated and we’re probably getting to the end of this decline.”


Everybody and their brother thinks we bounce from here. I like it when everyone is scared as hell and expecting a further drop.

Oh well....who knows....I'm back on the fence again. <g>