Market is in correction phase now,

来源: 2007-07-26 23:06:17 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

according to some stock market professionals. Because of this psychology change, rallies should be used as a selling opportunity. I bought a bunch of stocks today, but will use the upcoming rallies (maybe tomorrow, maybe next week, we should see a bounce back soon) to sell equal dollar amount of stocks or more.

Because of the sharp losses suffered in the last 2 weeks, the YTD return of my combined stock/mutual funds/bond funds portfolio has dropped to 10%, sad!