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发表于 2010-7-22 10:24 AM
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回复 氢氧化钠
Xing reads too many books and uses too many indicators. Keep it simple is the key ...
colderdown 发表于 2010-7-22 12:07 
no harsh feeling. but to be simple is not equal to be right. first of all, stock market cycles does not coincide with economic cycle well. sometime market leads, sometimes lags. i agree with you if fed keeps printing money then eventually the market will be lifted. however, trading, is about timing, not about whether it will happen. i can say the market will go down, and this statement is going to be true in near future, probably tomorrow or next week; on the other hand, i can say the market will go up, and it is true as well. but these statements do not help me any single bit in trading. in 08-09, even there is a subprime loan crisis, an economic recovery is foreseeable. we know economy will come back to life. yet are you going to hold onto your stocks and wait until that day? your account might be wiped out before you can see that day coming.
and bear market, my favorite remark is "if you looks back the past 100 year djia history, what bear market?"
your statement is absolutely right. market will see 1200. but it does not help trading at this particular moment and particular day. |
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