A very nice ride for me in the past two months. closed all the positions last Friday. it may have a push to 1.37 region, but 1.38 is already a good number for me. expect a rebound back to 1.44 region in the coming months, then it will be another great opportunity to join the short side.
Stock market may see some rebound next week. i reduced quite some short positions last Friday, only keeping TZA long and MTL short right now. will add back if market test back the 1130 region. but remember, this is the very early stage of the downtrend, short at high is the theme.
China and HongKong market again confirmed the downtrend a month early than the western world. The global eco recovery leader has led the market for the whole downtrend ever since 2007 in both long and short signals. just watch it closely.
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