Friday, October 14, 2011

A Bear in Bulls Clothing ?

. Umm.. Market has not dived & died like many expect
. And as the bearish global political-economic situation would suggest.
. In fact it has kicked and is alive.
. It has put in a decent rally this past week.
. Although some may suggest it's short covering
. But that is some covering move , I must say.
. Intermediate term, I expect further upside move,
. Near term there will always be a correction.
. And I think will be a sharp one.
. Albeit a Wave 2 selloff, as bulls take profit off the tables
. Amidst lingering bearishness in the market.

http://seekingalpha.com/article/299548-recession-not-certain-bear-market-to-continue?ifp=0&source=email_authors_alerts

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