I agree that the current trend is up. But it is still a bear market rally. I will sell my long postions gradually and add short postions when SP reaches 900-950 if we are going to see it. I think it has room to go for a while. Besides, May usuallly is good for the market. But I strongly suggest everyone not to load up with all you have. One should remember this is the first rally, if I am correct, in this bear market, that is up 26+%. It takes several of these rallies to form the true bottom in bear markets.
I agree that the current trend is up. But it is still a bear market rally. I will sell my long postions gradually and add short postions when SP reaches 900-950 if we are going to ...
老九 发表于 2009-4-13 13:36
No doubt that stock market is a never ending imbalance of greed vs fear but facts can clear out what corner you should choose short term and long term. Le ...
吴水深万丈 发表于 2009-4-12 22:41