the correction started with oil concerns, inflation fears and they are all about margin compression.
earthquake kicked in. then there was massive wealth destruction, fear of short term disruption on economic activity, liquidity induced volatility, increases in risk premium
many of those effects are temporary, they often provides rare opportunities to buy.
However, the earthquake have dwarfed quite some negative economic news recently. Not sure if the market actually absorbed those.
The due for a correction at the time of an earthquake made trading a much more difficult job. a dip to buy or NOT? I choose to buy the first one.
Fridays OE is not a strong one
I am expecting a new low before cheering for a full come back at 1350 (it might take a long time)
more range days before decisions are converged. |
狗仔卡
发表于 2011-3-19 02:07 AM
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