Jun

10

One wonders if the short sellers have some flexionic relations with certain publications. They seem to come up with more reasons to be bearish on our friend than any one. It reminds me of when I had Thailand long. First one rating agency then another downgraded them. It got so that if a man with a suitcase saying "fitch" was seen at an Asian airport, the Thai market would open limit down. 

Russ Sears writes: 

It would seem this week that the flexions have a fondness for driving down the markets the last hour so it can be reported by the news. But how to quantify this and make it predictive? 


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  1. david on June 10, 2011 11:28 am

    At least you weren’t long Mexico two years before……It is amusing to see the market fret over the Greek…..will they or will
    they not fall wayside like the Parthenon?

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