After that, I'm prepare to go long again. Why? Well, I've noticed that asia markets seen to be leading the US market this period and most went up today despite US market went down yesterday. I expect the holiday bull will continue till new year.
Wednesday, December 10, 2008
Market will pull back as it wait for Auto bailout news
I'm expecting the market to continue pull back. It should bounce a day or so after when the Auto bailout news is announced. I've shorted BAC yesterday and will cover once the gap is filled which should be same time as auto bailout news.
After that, I'm prepare to go long again. Why? Well, I've noticed that asia markets seen to be leading the US market this period and most went up today despite US market went down yesterday. I expect the holiday bull will continue till new year.
After that, I'm prepare to go long again. Why? Well, I've noticed that asia markets seen to be leading the US market this period and most went up today despite US market went down yesterday. I expect the holiday bull will continue till new year.
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