Its funny how bulls are laughing at bears today.
They seem to be overlooking the fact that the all ords is at 3100. The Dow is at 8500. The market has not yet shown any signs of bottoming.
They get one little up day after weeks of down days and have the gaul to suggest bears are off licking their wounds. DUH! Most bulls are still in the intensive care ward getting triple bypass surgery!
But as we know, logic is not their stong point.
Personally, I lost $1400 today. I made more than that yesterday, so all I lost was a days profit.
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