回复:This time you are right, rebound serves as selling opportunit

本帖于 2007-07-29 19:17:03 时间, 由普通用户 表情符号 编辑
回答: Market is in correction phase now,凌空长老2007-07-26 23:06:17

I sold some a few days ago and didn't buy until today. When people think the market will keep going down with high probability, they can profit by shorting stocks. But when too many people move to the short side, the market will simply stop going down.

I think we are close to a dead-cat bounce. In case I'm wrong, I plan to short some index ETFs tomorrow to hedge.

Please speak out when you disagree. If everyone keeps his views about the market to himself, nobody gains.

Thanks

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All right. -goldilock- 给 goldilock 发送悄悄话 (400 bytes) () 07/27/2007 postreply 00:17:07

Technically speaking: -goldilock- 给 goldilock 发送悄悄话 (1086 bytes) () 07/27/2007 postreply 02:18:55

Thanks for the comments. -凌空长老- 给 凌空长老 发送悄悄话 凌空长老 的博客首页 (0 bytes) () 07/27/2007 postreply 13:37:27

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