Tuesday, May 1, 2007

not bear market but just a consolidation

Consolidation means during such a period, we will witness high volatility of market, which will normally shake off the weak hands, newbie for example. And as we remains in the strong bullish trend of market, buying into dip is the best strategy that have been proved to be efficient in such kind of atmosphere.

Don't worry about the market, we are in a bullish mode. Remember, we can't just see 100+ everyday, right? Once the market goes to new high, profit taking is a natural action that we don't need to worry about. As long as the inflation is kept, and house market is stable, nothing could stop market going up.

7 comments:

bobobobo said...

the potential buyout targets i am looking at are exchange stocks/pharma/biotech/drilling equipment.

nmx, nyx, ice all become attractive after today's dip. for stock, now is the time to enter. for option, may take a bit more time. every time when nmx, ice under 120, strong buy. same as nyx under 80. personally I like nmx better

Carol said...

I'm a newbie, a bit scared. Feel better now :-)

Metronic said...

yes, the market has taken off which will urge those competitors to offer buyout immediately, otherwise they will have to pay higher. This is exactly what we are watching now.
I also think the buyout will happen in semi area. Those sectors related to house are also targets for buyout. for example, the steel, aluminum. Potentially. Let's keep this discussion open .:)

Carol said...

Yeah!!

Unknown said...

GDP增长减缓,股市下周大跌,嘿嘿嘿。

Unknown said...

Since you are mentioning on buyout in the semi area. Any comment on MVRL ?
Thanks!

Metronic said...

MRVL recently hires so many engineers, which don't seem they are going to buyout other companies. :)