Monday, April 20, 2009
Don't try too hard
The market runs up for 5 or 6 weeks straight, and then people want to buy stocks! It's a normal human behavior pattern, but it's the exact opposite of what we need. Odds favor a correction, and most stocks will participate. We'll see how the day and week unfold. I don't think the longer term rally is over, but this could change if we start to see some serious distribution.
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