Tag Archives: May top?

What were they thinking?

Posted on May 27, 2009 by .

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Sometimes it’s difficult to comprehend trader behavior.  Yesterday they bought stocks like the bear market was over.  For no rational reason.  Oh, yes, consumer sentiment, supposedly.  Didn’t they know yesterday that GM was coming today?  And didn’t they know yesterday that it’s only a matter of time till the next flood of mortgage problems hits […]

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