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Re: Lone Ranger post# 2526

Tuesday, 02/03/2009 5:39:02 PM

Tuesday, February 03, 2009 5:39:02 PM

Post# of 2663
<pick up in demand due to expected economic recovery>

Or maybe just some risk taking coming back. Faber thinks that the first rally attempt will be a fake.

BTW, as far as I understand, J is using BPs and McClellan Oscillator to determine the momentum, and IMO this approach makes sense (can not say this about most of the TA garbage floating around). I just think that this is not a good time for momentum trading.

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