http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=1681769
Only the right side
来源: hello-u 于 09-10-25 18:24:45 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]
To keep it simple, if sp500 closes below 1,070, and the next levels that need to hold are 1,045 and 1,025.MY GUESS IS THAT 1045 WOULD HOLD.I like to see 1025, then the ensuing rally would be even better.
Although declines to those levels might seem painful while they're occurring, they would be much more healthy advance into the end of the year. So they would likely be a blessing in disguise.
I have to be ready, no matter which way it goes, because at the end of the day, There is no bull side or bear side for traders—ONLY THE RIGHT SIDE.
Only the right side
来源: hello-u 于 09-10-25 18:24:45 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]
To keep it simple, if sp500 closes below 1,070, and the next levels that need to hold are 1,045 and 1,025.MY GUESS IS THAT 1045 WOULD HOLD.I like to see 1025, then the ensuing rally would be even better.
Although declines to those levels might seem painful while they're occurring, they would be much more healthy advance into the end of the year. So they would likely be a blessing in disguise.
I have to be ready, no matter which way it goes, because at the end of the day, There is no bull side or bear side for traders—ONLY THE RIGHT SIDE.