it is the race of patient.

Two day in a row, the market is in a holding pattern. Obviously, the bull is in no hurry to buy and Bear has not mustered enough strength to clamp bulls down.

In terms of momentum, The bull still has an upper hand. Like what happened this summer, despite a lot of negative news exposures (today, NOk, credit etc), the Bull somehow can escape the slaughter of short sellers and bears, you have to give the credit to the bulls and you have to admire the resilence of the bulls.

like yesterday, the volumn was slim, the move to downside was mild. it is like a race of patient between bull and bear, like who will blink first.

Given what I observe lately in a very limited time, the market momentum is intact. After two days of reluctant selling, we may see a up day tomorrow. as many indexes come to the 20 day move average. the bull may choose that to take a stand.

let\'s hope