By John Galt August 8, 2011 23:30 ET There is this strange, suicidal, insane belief by the Bubblevisionistas and their talking heads that there “has” to be a dead cat bounce or counter-trend rally because the XYZ index is way, way oversold. From a basic, non-extraordinary, within the standard deviation move of any market, that is a perfectly logical conclusion. Technically speaking every major US equity market is over sold, however, NOT every stock within those averages are in the same condition. In major bear…
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