Apr

18

SushilOn the one hand it is said that those funds, individuals, traders who could not get on in the 30% plus move across every equity index in the world will destroy this rally, yet on the other it is argued that because this market has remained under-bought any pullbacks will be bought into. These are both opinions, not facts.

Let me ask those who did not buy in because they did not like the news then or those who did not buy because they did not like the patterns in the data they read will they buy the next dip? News-readers will become ticker tape readers or those who are reading the news now of so many remaining under-bought will be able to sell the tape now?

Blondie said in the movie, "The good, the bad and the ugly" that, "You see, in this world, there's two kinds of people, my friend. Those with loaded guns, and those who dig. You dig."

Those who seek incentives of anticipating will anticipate and those who seek benefits of being followers will continue to follow. Nature of men does not change.

So, who is going to shoot this rally, whenever it does get shot? It likely will be those who are not digging (the guns) and those who indeed had the guns at the last set of lows. Those who shoot this rally will also then have a loaded gun to shoot the next drop when it comes. Yes, Blondie has been so correct, those who dig would dig, those who shoot would shoot.


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