August 2, 2010

快樂牛郎

Let's see how they can prop up the market again on Monday

Greenspan Says Decline in U.S. Home Prices Might Bring Return of Recession
Chinese Manufacturing Grows at Slowest Pace in 17 Months as Economy Cools
Unemployment Rate in U.S. Probably Rose, Raising Risk of Slower Spending


I can't wait for a double recession.  Canada dodged the last one unscathed.  But can the good time last forever?

快樂牛郎

More advice?

Philip
pkphilip 發表於 2010/8/1 20:25

just stay hedged i guess
futures are way up right now but are on its way down

tomorrow could be anything
it should be a turning point

快樂牛郎

Unless US (not just the government but every one) face the truth, understand it and take the right a ...
rainbow-davie 發表於 2010/8/1 23:11

I share your way too. My target for Dow is at the same 10,000 mark 5 years later.

快樂牛郎

I would like to refer you to Jun 21, 2010.

快樂牛郎

Asia and Europe are way up, perhaps US go up as well.
maldini 發表於 2010/8/2 00:32

open up for sure
but where at close?

快樂牛郎

今日是我炒股以来最可怕既一日

看来friday我做错的几个决定挺严重的
yayaya 發表於 2010/8/2 06:20

well
every mistake is a good lesson
you got a long way to go

快樂牛郎

it has nothing to do with earnings

volume today was almost non-existent
only 1/2 - 2/3 of the daily average

快樂牛郎

double dip is fully expected

earnings is backward looking

快樂牛郎

A capitulation day for the bears.  I suffer my 2nd biggest daily loss of the year.  But oh well, life goes on and you just got to wait for your next chance.

快樂牛郎

我今次无咩感觉，见惯不怪了，等跌，不跌就把赢的还给market, that's it
yayaya 發表於 2010/8/2 19:20

Good mentality