Thursday, September 9, 2010

Concern

China stock market has been down for two days, which could put some selling pressure on US market. Just a head up.

6 comments:

  1. How do you think next OE week? Market pretty strong today.....

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  2. With AAII bullish sentiment went back up to 44%, we will probably need more time to break out. My best for next week is neutral with downside risk.

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  3. Thanks a lot, trader. I visited your blog quite often. seems recently you are working harder than last year...lol

    Appreciate your comments. :-)

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  4. yes, that is true, since i finally found a free and trusty vpn to go around the block by the chinese government.

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  5. Still in Beijing? hehe......From today's performance, it seems the upper space is limited as you said. I was in GMCR by your approach. really nice move so far.

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  6. yes, will be here for another 5 plus yrs. for the mkt, breakout confirmed, but how high can it go? not sure, since we r overbought and the sentiment is too bullish. btw, bank broke out too, which is a plus!

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