Riding the waves of markets

Just a collection of my ideas about US and China stock markets. Let's ride the waves of the markets to financial freedom!
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US market made the breakout (波段歡迎,DT免進)

(2009-05-29 14:49:05) 下一個
With a slew of positive economic data released this week, plus the impending GM bankruptcy clearing away the uncertainty, US market made the breakout from the trading range today. S&P broke the upper bound of the symmetrical triangle formed in the last 3 weeks. Nasdaq broke 頸線of the W bottom formed by the trading range. DJ was a bit weaker, but still broke the upper bound of the descending triangle. The consolidation happened in the past 3 weeks should be over. Market will make a more aggressive move up. Expect Nasdaq will be the strongest among the three major indices because it has the most convincing breakout with heavy volumes. Today was a busy day for me to load up all my positions to 100% again. 我是做波段的. 上一波從3/10進場,5/20出場,賺了不少(~50%). 再下一個波段可能波動較大,因大盤要上攻年線. 不過隻要漲就是賺.


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