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.

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.

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