After last weeks rally the bulls are returning. Over the weekend, there were multiple more bullish pieces on various websites compared to the weekend before (might be just anecdotal but the apparent shift was astonishing to me anyway). Anyway in my opinion, the emergence of the bulls allows the market to move down. I wrote more on this counter intuitive thinking on posts below.
Bullish commentary.
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B228B4FA6%2DB3D1%2D450F%2D8404%2D86832B31BE34%7D&siteid=nwhpf
http://www.zacks.com/experts/featured/view_article.php?art_id=2928&newsletter_id=7
Tuesday, August 28, 2007
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