By the way, this bottom should be wide. Accumulating strategy should be averaging down/up your stock using units but not amount of money. For example, you bought stock A at 20, 10, 5 dollars, each time you bought 100 shares, but not 2000 dollars each time. Buying same number of units can reduce your risk significantly. Just a tip.
Monday, November 24, 2008
Nov-25 We had the rebound
I hope you have enjoyed the rebound. This rebound will sustain 1-2 days more before it runs out of steam. Let's see.
Sunday, November 23, 2008
Nov-23 A Rebound for Financial Sector
Sorry for not posting so long due to several project constraints in my company, plus, there is nothing worth commenting given this sick planet: everything's going down.
Today I have chance to quickly go through the market and find the financial sector is oversold without rebound again and Citibank is facing government rescue. I guess there is a quick rebound out there.
Subscribe to:
Posts (Atom)