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POKERSAM

09/28/09 12:32 PM

#18738 RE: capt_jmj #18735

capt. Window dressing is a myth. Look at the stats.
Just because the market is doing a 50-60% retrace in a wave ii (which it always does after a wave i) does not mean it is window dressing. When we decline in wave iii, will that be window undressing?
What one does not understand can always find something to blame it on. If it is not window dressing it is EOM, Fed, second Tuesday of the month, seasonality, upgrades, downgrades, or some bit of news. The truth is that the market moves and the media finds a reason. On a big reversal day they will blame the up move and the down move on the same thing.
A cow drying up does not automatically mean there is a witch in the village.