Wednesday, November 10, 2010
Time to bring out the "Oh My!" crowd
So they sell commodities, and then they sell stocks, and then they buy the dollar--and then they tell us that Europe and Iceland will blow up the world again--because they're protesting in London!
Oh give me a break.
Now we'll hear how the next Flash Crash is imminent---which is the prayer of the bears because they are being so vocal because they're so underwater.
You had your pullback--and the idea that yesterday's reversal is the start of something 'big"---well that ain't happening.
Yesterday just led to this morning's selloff, and every put buyer from yesterday, will change their tune as soon as the market starts to rally.
Unless of course, you believe that $1500 can put an end to this bull!
And you can drown your sorrows in beer!
Posted by Palmoni at 11:05 AM