Monday, October 13, 2008

frustrating..

stocks are running over where there are resistances...felt alot of anxiety seeing stock running like that..lots of buying indeed by people fearing being left behind..lots of people thinking, "i'll never see prices this low again..."...in the short term, it's just too heated, too emotional. Not trusting this V-shaped bounce just yet...waiting for some pull back before buying. Traders should take their profits...stocks too stretched in the short term for investors to invest for the long term...still just a bounce inside a primary down trending market.

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