- The Big Picture - http://www.ritholtz.com/blog -
Top picking ? No.
Posted By Barry Ritholtz On November 6, 2003 @ 10:56 am In Finance | Comments Disabled
Its a pleasure to read someone who makes the occasional astute observation:
“Saying we’ve gone too far, too fast’ doesn’t make a lot of sense to me – certainly not when the technical data remain strong.This isn’t brain surgery, it’s understanding how markets work. A trend in force tends to stay in force until ‘something’ changes. I’m watching for the ‘something’ that might signal the change – not yet! It could start at any time, but two off days with good data just doesn’t cut it.”
-Raymond James technician Ralph Bloch
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2003/11/top-picking-no/
Copyright © 2008 The Big Picture. All rights reserved.