2008年7月3日 星期四

Keep going down...

It has been weeks since we see one day that the market is gaining. I do not think one should buy yet, as guessing the bottom is too difficult.

I actually short some stocks yesterday to hedge my long positions. Just in case....

My investment is down a little only because my two largest bets are actually up in the last two weeks! My shorts and puts also help a bit but they have all hit their profit taking price and hence I buyback/covered already.

Next step is to wait for a rebound signal, which should be some kind of news, so positive that people can use that as an excuse to buy for several days.

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