UPDATE ON THE STOCK MARKET . The bulls are now on CNBC saying it’s too late to sell. I beg to differ since I can’t figure out why it’s too late to sell. Maybe because some portfolios are already down big, -15% or more. But that still doesn’t mean they can’t drop much more. Just think back to the dot...
UPDATE ON THE STOCK MARKET . Wednesday, Febraury 20th, 2008: Well, we posted another one of those intraday reversals yesterday. But this time from it was from up to down. Actually, this phenomenon has been happening a lot recently whereby early day gains succumb to late day selling. I have to say this...