October 28, 2009

bear’s glory is back?

My account has not increased like this for a long long time, but i still need a few more days like this to get my account back to all time high as in this June.  i’ve been doing the short-stop out-short-stop out thing ever since then…

 

I don’t think there will be any meaningful rebounce before 980-1000.  any price above 1000 is a good one for building the mid/long term positions.  this dip has a long way to go.

 

today SPX broke the midterm trendline and this is very meaningful for bears…

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