Saturday, July 19, 2008

Baseball / More Rally

Baseball fits into the data crunch profile. Stats for
teams, players, and parks match the world where numbers count. More baseball later.

Markets this week started rejecting the over extended selling of the past weeks and now the bears will have to turn a market while a significant amount of pricing will be taking place. It does not take much buying when competing with short covering to drive the markets a bit higher than the gloom of early last week had anticipated. So expect more rally before the bear can launch a counter attack.