links for 2010-01-27

Short-term indicators, such as the AAII survey, are showing bumps in the road, as they swing from bullish to bearish extremes. However…we continue to see long-term disbelief by the major media in regard to the market's performance. This is all the more remarkable because it's counter-trend to what the market has done during the past 10 months — and all the more actionable from a contrarian standpoint.

Greece is wooing China to buy up to 25 billion euros ($35 billion) of government bonds, a move that underlines Beijing's growing financial power, as Athens struggles to fund soaring public debt, the Financial Times reported on Wednesday.