mkts to rebound quickly
Forget Ford buy shoe stocks http://www.telegraph.co.uk/news/worldnews/asia/philippines/7709877/Imelda-Marcos-set-for-political-comeback-in-Philippines-election.html
Now that all the sellers are done and paying their taxes the advantage players are holding the hand rails for the rally up.
IMO, the vast majority of selling was SHORTS,Huge increase in short positions the past week and many just jump on the bandwagon riding the freefall--now the mkt has stabilize and is rising , as is ford , so the shorts are starting to cover
people like monett4 have no brain.Strong sell F is goin' to single digits in not many days.
Sounds like you need to cover in fewer days.Just saying.
Seems mighty gloomy to me. Maybe just because its raining here. I am a buy and hold investor yet finding an excuse to be positive is really tough. Best thing I can think of is November. Right now the whole world seems to lack competent leadership.In the states we need to do whatever is needed to balance the budget, not some day, now. But we prefer death by currency destruction.