Monday, March 16, 2009

Stretched too far



You take a rubber band and stretch it and it reverts back to it's original shape.

The stock market is the same. When the market get's too oversold it bounces back (i.e. last week), when it bounces up too high (i.e. last week) it doesn't take long to move back to it's averages. simply put: we went TOO FAR TOO FAST AND NOW WE ARE HEADED SOUTH.

Trade well,
Trader D

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