Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Friday, 27 February 2009
Bounce
Why do I think we’re closer to a bottom than a top? Because the number of shares above their 50 day moving average has fallen back so much that rather sooner than later, stocks become so oversold that the market will bounce
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