2008-07-18 — wallstreetexaminer.com
"The big short covering rally continues into it’s third and a half day this morning, as does the market’s love affair with extreme betting. The stampede into Mad Max casualties and financials and out of CUB plays is a sight to behold, and the reasons for it need to be understood. It’s betting in the extreme, too much short selling, too much leveraging, and too much overtrading."
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