Monday, October 13, 2008

Reading Around The Blogs

Looks like today's record performance was a 'Get Out Of Jail' day for many bottom pickers who got caught buying stuff too early. Look out for Joe Six Pack who bailed on his mutual funds last two weeks in a mad panic. He is having separation anxiety now and probably thinking "oops! I've made a mistake selling!!" Once Joe Six Pack thinks it's safe to comeback off the sidelines, they'll reverse em back down.

For now, they will rally to frustrate the masses.


Ahhhh, gotta love the markets!

2 comments:

BUY ON THE DIP said...

agreed. 10,000 Dow = puts on the pop!

Cheer$

Stewie said...

BOTD: the euphoric high is starting to come back into the mrkts. CNBC thinks all is good again.

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