Meaningful Low in 2012

这有点恐怖. 和看牛的人的观点不同. 不过不能不防.

In near term, market is oversold, expect market to find support around the neck when VIX shoot higher to shake all the optimistic speculators out. Then it shall rebound.

However, meaningful low could be in summer 2012. Get prepared.

在今天的环境里, 太乐观的情绪比较害人. 只根据个别权重股比较强就下结论比较牵强.

If you want to stay in the game, protect and hedge. 裸泳比较危险.