Monday, April 6, 2009
Earning seasons in a bear market
We are overbought and entering the earning season, which translate to a much needed, possible rest. I am not calling a top, just a cautious call to avoid heavy long positions right now. I remember vividly during the 2000-2002 bear market, right before the earning times the market were under the resistance and looked rosy, I jumped in and got killed. So do not repeat my mistakes.
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Marketers do always feel that way as well as we common people. We tend to avoid our mistakes from taking place over and over again. - tnomeralc design -
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