Friday, May 14, 2010

Up-date - to short the market in the coming week.

For the week, hardly do any trade which to me is a good thing since the fears are still there plus the dead-cat bounce.

Therefore with these couple of days of blood-letting over in the US and European markets....looks like it is most likely for the Asian markets to follow the leaders come Monday esp for HK and SGX.

Believed the markets still have some way to fall before it can find it's legs. If I want to trade then it will be to short the HK and SGX market, esp after seeing how bad the situation in Europe and how it impacted the US market too, so it will always impact the Asia market in the immediate future with all the fears present still.
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2 comments:

wINtoTo N aLSo 4D...yEAh! said...

good time now to prepare the bullets for some "shorting". less stress then going long for the moment!

12:18 PM
wINtoTo N aLSo 4D...yEAh! said...

This week...no action is a good thing at least for me to clear my head and at the same for me to step back for some R & R.

Now....kind of recharged and now ready to go again. hehe!

12:20 PM

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.