Thursday, March 29, 2012

Overly Bearish


I went bearish last week, and on Tuesday proclaimed that everything is pointing down. However, after 2 days of dip (and ramp) the bearish crowd is too loud, too convinced, too all ready for P3 and end of days. Too quick.

It is disturbing for the bear case.

Signals are very mixed at this time.

Cash and Stacking is a position.