The only downside present in the market at the moment is the fact that “everybody” is long. That in itself could turn out to be the threat against a continued, strong bull trend, a Danish trader argued this morning, and added that it would become a blood bath if sell signals were detonated. Fundamentally the trend points in one direction only, however, and a Norwegian trader argued in favour of a continued lift, but underlined the need for caution as well.
Good to be long?Despite an exceptionally strong bull trend, it takes a lot of guts to hang on to a market on its way to heaven. Players today express their firm belief in a continued upside, but simultaneously warn against the bloodshed that could manifest itself if this all of a sudden should change. And eventually it will turn around, it’s the timing that sucks. Tha
Dienstag, 8.10.2002, 12:03 Uhr
Sara Fagernes
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