Tuesday, October 18, 2011

Time for Bulls to Put Up or Shut Up

Time for Bulls to Put Up or Shut Up
Courtesy of Phil of Phil's Stock World
Faith is a tricky thing. It's easily shaken, but hard to extinguish completely. Clearly investors have faith that the EU crisis CAN be solved, hence the strong reaction to "good" news out of Europe. But then, all it takes is a single naysayer and all but the most faithful lose their resolve while the whipsaw nature of the market punishes those who try to hold fast against the panicked crowds.
We have faith

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