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Written by Edward Chen
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Monday, 17 March 2008 |
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In times like these, we will either make it or break it. Just short.
It has been a relatively smooth ride down without much resistance since the beginning of the year. Except for the occasional short coverings, the market has not shown much real resistance against the major downtrend. The over-bought winners of previous year is this winter's smoothest sleigh ride. The long awaited bear is finally gaining some serious momentum. Perhaps we will get to witness circuit breakers in effect for the very first time. Again, just short. When the market goes up momentarily, short somemore. I've said enough. |
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Last Updated ( Monday, 17 March 2008 )
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