Monday, March 5, 2012
Buy these Dips
I know its just 1 percent, but you ain't gonna get much more than that, anyway, it will go back to retest the high and move to higher levels. Still no sense of urgency by the crowd to get in, just no shorts in sight. They have been incinerated for the 101st time since 2009. We got nonfarm payrolls on Friday, I am sure the fund managers will want to up equity exposure before it is released. Hedge funds still underinvested, they have been since the summer of last year.
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2 comments:
Been long since last Oct getting short because as you say none are in sight
I hope you can get your points, I am looking for another 10-15 point drop before I go in long, we'll see. I don't see us going below 1340.
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