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Almost looks like July '11


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#1 nimblebear

nimblebear

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Posted 10 April 2012 - 01:18 PM

except this time QE will come in sooner. Amazing how nervous shorts are. Everyone wants to get out at the slightest hint, or bounce. Nobody wants to be short this market for fear of getting scorched by Benny. Its been a very strange downdraft, because its been so utterly soft, and gentle. It would be quite shocking if it actually materialized into something more serious and pro-longed. QE does that to people. It's intentionally made people fearful of shorting. And made people much more brave to go long, be long, stay long. Usually we see EOD ramps. Will we today ?
OTIS.