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What makes the market irrational? People!

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Pay_tience   Thursday, 04/01/10 09:50:23 PM
Re: None
Post # of 34471 
What makes the market irrational? People! Let the shorts pile in, let the weak hands sell on the 10K news, let that recent gap be filled, and let the market sell off monday on the positive jobs report. Whatever reason you pick....I think I'd rather have stronger hands accumulate on this dip in order to have a more sustained uptrend. The fundamentals are still there and regardless of today's irrational volatility....the stock will make a comeback, as the chart is still intact. We could bounce off the 50 dma too. We'll see monday!

God Bless and Happy Easter Weekend to all.

P :)

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