Dow death struggle continues

Posted on Jan 13, 2009 by WHC Bassetti in Uncategorized

Contrarians (traders), bottom fishers and congenital optimists –as well as those who fear that they might be left behind when the train leaves the station—are buying stocks.  And then, surprise, traders sell them.  So – stocks go up and down.  A death struggle is taking place between bears and these elements.  At the full moon (yes, the full moon!) bear forces have taken control.  How long they will maintain control is open to question.

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