 Re: I'm back
The invisible hand has gone hiding. I think go for a quick holiday, come back on monday.I was right on the part on tuesday. Every monday stocks will fall like mad, rebounded on both tuesday. Tomorrow will be blood shed again.
I got suspended from trading for one day for making a stupid mistake. (too embarrass to mention the mistake, I seldom refuse to admit my mistake,haha ) Actually the security firm wanted to suspend me from trading for 1 week, but due to pressure from us to close all our trading accounts, they decided to lift the trading ban. The mistake is costly too. Recently I'm keep making mistakes, especially stupid mistakes.
We have exited most of our position on tuesday.We have cut lost at $200k. This 200k is a pricey mistake for understimating sub prime woes. I believe the market will not be stable until dec.
We have change all our trading styles to accomodate to the current market. Now is from wednesday short til friday, buy back and accumulate on monday and tuesday. Sell all our holdings on tuesday before closing will be safest. Until the bad news ended, we won't see recovery of the market. 
Msn : To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | 
