Bad News Sells - even on CAPS!
March 12, 2009
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RELATED TICKERS: NEWS
Have you noticed that since the market started to rally this week the top rec'd blogs have all been about Everyday doom and gloom, or warnings of a "sucker rally", why we have not yet seen the bottom, or skepticism about the good news regarding banks like JPM BAC and Citi?
When the market was tanking all the top blogs were from (or about) GoodVibe4Ever? In fact, since the rally began he has not even posted a single blog! (Yet his CAPS score has risen dramatically).
That in itself gives me a pretty strong indication that we really (maybe) have seen a bottom, if not THE bottom.
And now for breaking news!!!!!! The gloomiest of them all(stry) asks Are we Nearing a Bottom?
This is the most important blog post you will ever read, so be sure to give it lots of recs!!!!!!!!!!!