Doesn't Take Much for a 500 Point Rally in an Oversold Market [View article]
Not convincing. A sharp rebound is usually nothing else but short covering. Then, the longs unload and the market gradually drops down to where it was. A prolonged rally takes longer to develop from what I've seen. No examples in this article if that's not the case.
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Not convincing. A sharp rebound is usually nothing else but short covering. Then, the longs unload and the market gradually drops down to where it was. A prolonged rally takes longer to develop from what I've seen. No examples in this article if that's not the case.
Nov 23 14:14 pm
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All Comments by igggy »Doesn't Take Much for a 500 Point Rally in an Oversold Market [View article]