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发帖数: 228 | 1 The Sideways Correction
5/21/2009 7:42 AM EDT
Such a condition would continue to keep the skeptics out and leave them
poorly positioned for the next leg higher.
A two-sided market, with select long plays and short sales, would become our
investment reality.
So color me less bearish on the market averages now and a bit more
opportunistic in buying/shorting.
I had previously suggested that the second derivative recovery could result
in an extended and vulnerable market, with a 5% to 8% drop in the |
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