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S&P 500
5,543.22
(
1.61%
)
US TECH 100
19,002.00
(
2.66%
)
Dow Jones
40,563.06
(
1.39%
)
Brent Oil
80.44
(
-0.06%
)
Bitcoin
57,454.26
(
-0.15%
)
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Tuesday, 06/02/2009 11:41:22 AM

Tuesday, June 02, 2009 11:41:22 AM

Post# of 111240
Just thinking out loud...

does anyone think we are entering the 'sell the news' phase of this market?
We had a powerful 3 month run despite horrendous data week after week.
Now we are starting to see some data showing some things are improving. should we now do the opposite and start selling this 'good news' data?

my thinking is, the rally we saw in the last 3months was pricing in the data that is STARTING to come out, which would mean we should be cautious on the long side.

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