Tuesday, March 11, 2008

Mar-11 Daily Summary

If you bought followed my suggestions this morning, you can have some profits now. Anyway, if you still out of the market, I suggest you to wait.

1. This kind of decent rebound occurred during previous months, but the question will be whether it can hold or not.
2. If you really want to long some stocks, consider gold stocks, or ADRs that do not rise much today.
3. If you want to short, please keep calm and wait for another rally.

I am not sure today's H-share performance has drawn some attention on you, as I just don't understand why people like chasing H-shares and singing Chinese great economy when the stocks are high fliers, but not picking up some when they are cheap... Maybe that's the reason why most people cannot make money in this stock market unless they hold for several years.

The US government tends to hold the stock market anyway, as they know the sinking stock market is the biggest reason for shrinking retail consumption. It looks like we still have a long way to go for this tough 2008.

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