Tuesday, July 3, 2007

The Close of today will determine sth

Now the window dressing is over, and as we pointed out before, those fund managers need to sell their holding and bought it back yesterday, the first trading day. Today will be a second day for confirmation of rally yesterday. More important , today 's close will further assure that they will buy back the share they sell. We need to be more courageous to hold and buy into this trend.

14 comments:

bobobobo said...

brother, let me re your post :)

happy holiday.

Metronic said...

hehe,
very good, appreciate that, haha.
Happy Holiday!!!

Unknown said...

现在开始进sbux,气气千户,哈哈。

happydayone said...

excellent job, Qianhu. Let's see how market behave tommorrow

Unknown said...

Welcome back to earth. :) How do you think of level option trading (covered positions only)? Is it useless?

Unknown said...

coverd call level 1
call/put level2,3

BAC said...

thanks! qianhu

Carol said...

放假一直闭门看书?崇拜ing

Unknown said...

qianhu, I am afraid the correction is coming, the last crazy cycle will finish before OE. And we may see dow&sp500 down 10% sooner or later :(

Metronic said...

hehe, I am not going to load sbux's stock if any chance. Instead, their option will be more interesting .

Metronic said...

to Chanel,
yes Covered call is very useful if you anticipate a stock move slowly:)

Metronic said...

fanzhi,
don't worry too much at this monment. We will have another huge rally first before we got correction.

Unknown said...

sterm = puppylsy?

Unknown said...

qianhu, today's 10 year bond price really worried me a lot, we may see correction in OE week.