Keeping It Simple

[alfaspider]

CPST-- (PS ur talking to yourself a lot lately?) dangerous sign, IMHO.....

- Looks like 2010/2011 all over again with CPST-- another run to $2.+?-- but......


I do believe I have the nature of trade correct, whether short outright or in terms of net market exposure. And just like 2011, once this position gets fully flushed, there will be a violent reversal. However from a technical perspective, unlike 2011 where the market was recognizing long-term pivots now that we are at new highs, there is no such reference. This makes identifying a spot for a final flush and subsequent turn much trickier. For my money, the best technical tools at your disposal are regression and momentum, and by these measures, the market has extended into a zone where at a minimum a reversion to the mean should be expected.


Read more: http://www.minyanville.com/business-news/the-economy/articles/Bernanke2527s-Worst-Nightmare-Rising-Real-Interest/5/28/2013/id/50031?page=full#ixzz2Ucdav5f4