Comments on: Who’s Buying? http://www.bearmountainbull.com/home/whos-buying-040209/ Musings on the markets for the individual investor Sat, 31 Jul 2010 01:21:36 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: BMB http://www.bearmountainbull.com/home/whos-buying-040209/comment-page-1/#comment-13458 BMB Fri, 03 Apr 2009 12:22:34 +0000 http://www.bearmountainbull.com/?p=9833#comment-13458 Newbie, I think you're right on in that assessment. But then again, I'm not a daytrader, and some of those that I may be referring to are not daytraders -- and neither are the people mentioned in the article. The idea of trying to guess which direction the financials are going to go from one minute to the next, especially in this very news-driven environment just doesn't appeal to me. But if it works for you or the next guy, by all means, have at it. For the non-daytrader, I don't find the financials too attractive at all. Too far down to short, and still far too weak to buy. Just my opinion. Newbie, I think you’re right on in that assessment. But then again, I’m not a daytrader, and some of those that I may be referring to are not daytraders — and neither are the people mentioned in the article. The idea of trying to guess which direction the financials are going to go from one minute to the next, especially in this very news-driven environment just doesn’t appeal to me. But if it works for you or the next guy, by all means, have at it.

For the non-daytrader, I don’t find the financials too attractive at all. Too far down to short, and still far too weak to buy. Just my opinion.

]]> By: newbie http://www.bearmountainbull.com/home/whos-buying-040209/comment-page-1/#comment-13457 newbie Fri, 03 Apr 2009 12:15:31 +0000 http://www.bearmountainbull.com/?p=9833#comment-13457 Not sure what you don't understand. Daytraders need volatility and volume and FAS and FAZ have been supplying plenty of that. Investors? Hey, I heard that buy and hold is dead, right? Great blog and thanks. Not sure what you don’t understand. Daytraders need volatility and volume and FAS and FAZ have been supplying plenty of that. Investors? Hey, I heard that buy and hold is dead, right? Great blog and thanks.

]]> By: BMB http://www.bearmountainbull.com/home/whos-buying-040209/comment-page-1/#comment-13456 BMB Fri, 03 Apr 2009 12:10:02 +0000 http://www.bearmountainbull.com/?p=9833#comment-13456 That's kind of the way I view it. That’s kind of the way I view it.

]]> By: anon http://www.bearmountainbull.com/home/whos-buying-040209/comment-page-1/#comment-13454 anon Fri, 03 Apr 2009 05:40:29 +0000 http://www.bearmountainbull.com/?p=9833#comment-13454 Still greed in the market which means one thing the bottom hasnt been reached yet. Still greed in the market which means one thing the bottom hasnt been reached yet.

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