Wouldn't capitulation require a lot of selling before the turn?
I saw some very quick bargain hunting. Hopefully this isn't another
fake thing - fake bailout, fake reversal. maybe the deeper
lesson here is people will be humbled till they stop believing they
are so clever they can play God, starting with the gov and then on
down.
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Wouldn't capitulation require a lot
Posted by kreem on 10th of Oct 2008 at 11:07 am
Wouldn't capitulation require a lot of selling before the turn? I saw some very quick bargain hunting. Hopefully this isn't another fake thing - fake bailout, fake reversal. maybe the deeper lesson here is people will be humbled till they stop believing they are so clever they can play God, starting with the gov and then on down.