Thursday, May 7, 2009

Do You Get That Feeling

Do you get that feeling that this market is purposely giving back a little in order to draw more suckers in from the sidelines.

It will then take it up again.

And again, this will draw in those who missed the little correction. And it will keep doing so until, it has everyone with a small gain and feeling happy.

And then.

What is also interesting is the feeling that the bears are chasing this market down...selling into the sell-off because they haven't sold enough (you can never sell enough when the market goes down).

The tug of war is on.

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