But beware the end result of burgeoning moral hazard...... Everyone just KNOWS that the WGOFM's (aka PPT) will not counteneance a serious market downturn now don't they?? - until such may be condusive to the interests of the powers that be that is These guys have real power and all the $$$'s needed to fulfil their mission (courtesy of the reserve currency printing presses). So what the hell's the point of fighting them - Like trying to fart against thunder I'd say. It's the new paradigm
maight i add...i also get burned shorting sometimes...called it wrong today..thought with 3 up days and bad RE news it would be a good short day...nope. ouch.
=============== Looks like the Christmas rally early in tek stocks,SPX,SPY; however long term trend is still down in big media, medium term trend is still down in big media, many of them still have the same bias & losing market share. Exspect further downside there , perhaps later.
Am starting to agree with you.. I try and trade both sides of the market daily but have found that more oftern than normal stocks become unshortable during rallies or market moves and it continues for days. I believe it is as a result of the brokers having to hold the stock which is contrary to their believe of the stock(s) direction. w