"........... It seems that every time an (always positive) announcement has been made in the past 6 months since market top, the sp has been whacked.................."
I absolutely get the logic there Rainman however would argue that the following chart that Slick was kind enough to respond to me earlier with, paints a slightly different picture. To my untrained eye suggests that Mr Market reckons the SP was significantly overcooked in an enthusiastic and already heated market. In almost all cases the slide has been at least tempered by the announcements and then sure, resumed its slide. Keep in mind over this period while we have received positive news we have not really received game changing positive hard data . The news (spots) has been pretty consistent in timing. This latest news drop appears to be up in volume so I'm lead to ask is this management pushing harder for the brakes to be applied ? We believe we are not far from receiving further news so lets hope we are at the front of a bit of an upswing.
End of the day no bad news has to equal good news. Positive data will be the real turning point. thanks again slick !
Media Thread, page-5443
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