Thursday, May 17, 2012
Biderman Sees Post-Facebook Euphoria Rally Fading Quickly To Dysphoria
Supply and Demand are what drive share prices in the stock market and Chrales Biderman of TrimTabs takes to task the plethora of complicating factors that are run in front of our eyes day after day on why we should be buying stocks. While he is short-term bullish, expecting a 2-3% jolt to stocks on post-Facebook IPO euphoria (as selling positions to fund the IPO allocation will fade), he remains medium-term bearish with an eye for being short stocks and long gold. His discussion of Stock
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