GREY:WFEMF - Post by User
Comment by
mercurysmithon Apr 27, 2012 11:27am
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Post# 19843999
RE: SP my fault
RE: SP my fault clk...vested, I like your "tongue in cheek" style. Too frequently we get caught up in the daily ups and downs, when really we should always have our eyes on the bigger picture and bigger prize. The fundamentals are such that it is pretty inconsequential what happens in any given day.
Unfortunately, the current s/p is not about sellers at all (hence your tongue in cheek comment of taking the credit as a seller for the current s/p)---the problem is insufficient buyers. If we are right on the fundamentals, the day will eventually come when the buyers (people controlling other peoples money in hedge funds) will buy. We will know when that day arrives because the volume will be north of 4M per day for at least 3 consecutive days. These current days of a volume well under 1M might cause angst given all the good news recently, but in the end, days with volume this low really don't represent much of anything regarding the bigger prize.
So I for one will not take your bait Clk_vested, and in fact totally agree with your comment. Nice hearing from you.