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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Good signs for the bull & a trigger-happy day (6/26/09)

(2009-06-26 15:04:43) 下一個

On the surface, market looked quiet today besides the big noise made by Nasdaq. It's a positive sign after yesterday's advance. Nasdaq continued yesterday's surge with a modest gain, but /w huge vol. Tech will keep leading the broad market in short-term. S&P was doing ok, but the finer detail resided in the fact that it tested yesterday's breakout, so bull will flex its muscle from this point on. DJ was a bit lackluster. But 2 out of 3 indices showed upside potentials, then without a doubt market will only have one direction to go. Because market was moving in the right direction, I was trigger-happy today to load up my long positions: from 5% all the way up to 65% now. If next Monday still shows a positive move, it'll be 100%.

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