完美的风暴 --Today a lot of people will feel the pain

including myself.

- China Stock crashes fall nearly 9% The biggest in 10 years
- Durable goods order fall more than double to expactation -7.8% vs -3% expected
- Iran Intention
- FTSE 100 6306.10 -128.60 (London)
and there are two more coming
existing home sale
and consumer confidence
Both most likely in bear camp.

What a perfect the storm we will facing?

I was impatient yesterday. I known there is a correction on the way, and there are a lot of sign to indicate that. But I was sick of the incapability of bears to crash the market each time. By end of the day, it always Bull win the war. And I look stupid.

This time, I correctly predict the correction on the way in my last week post. But I was impatient yesterday to see the bull is going to win again. I should wait one more day to see what happen. But I did not. I try to be "smart" this time and not to be looked stupid. (emotion over facts and data.) I underestimate the power of the bear. Today I will pay the price along w/t lot Bulls. This is a big lesson I learnd from the market. (I have been in the market for years, but I still can not control my emotion sometime.) Although I won the battle, but I will lose the war.

Hope all bulls cut lose today, I will share the pain with you.

Take care.

所有跟帖： 

• 如果今天收绿或明天大涨，你再说什么。 -宰相肚- ♀ (0 bytes) () 02/27/2007 postreply 06:40:09

• We are no god. Let's appreciate others' posts. -k-18- ♂ (0 bytes) () 02/27/2007 postreply 07:00:59

• 你说得对。我接受 -宰相肚- ♀ (0 bytes) () 02/27/2007 postreply 07:12:19

• 我很惊奇你变得这快。 -buydip?- ♀ (0 bytes) () 02/27/2007 postreply 06:43:56

• 回复：我很惊奇你变得这快。 -宰相肚- ♀ (199 bytes) () 02/27/2007 postreply 06:57:01

• 我不是这样, 你从我的post 可以看出来. -逸民- ♂ (76 bytes) () 02/27/2007 postreply 07:08:51

• 今天大跌是好事, 长痛不如短痛. -逸民- ♂ (0 bytes) () 02/27/2007 postreply 07:11:58

• 跌痛快了就好了. -逸民- ♂ (0 bytes) () 02/27/2007 postreply 07:12:55

• 我今天不冷静。向你道歉。 -宰相肚- ♀ (0 bytes) () 02/27/2007 postreply 07:16:19

• 没关系, -逸民- ♂ (0 bytes) () 02/27/2007 postreply 07:33:56

• I still bull for the middle and long term, this is a correction -逸民- ♂ (156 bytes) () 02/27/2007 postreply 07:03:39

• The good news is both consumer confidence and existing home -逸民- ♂ (177 bytes) () 02/27/2007 postreply 07:46:35