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Sunny Day on the Bourse
Old 01-28-2008, 01:36 PM   #1
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Join Date: Apr 2003
Location: Hooverville
Posts: 22,916
Sunny Day on the Bourse

Once again the short term predictive power of contrary thinking is proven. About a week ago Twaddle cited the lopsided preponderance of put buying, and KaBoom! -off we go into the wild blue yonder. Today my accounts show 2 red and 24 green equity issues. And one of the reds is a motley gold miner.

I doubt this means anything over a longer time period, but it so often works short term.

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