Thursday, March 15, 2007

Strange

Readers know I have been bearish for some times. And the market still looks bearish to me now, the strange thing is majority of my short holdings have not broken down as I expected, like MA, MGM, GS; while long positions become greener, like ESRX, CHAP, GLBC. I have to think if there is a slight possibility we are bottoming here despite the price pattern points to a lower price. Do you have similar experience?

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