No trend

The market has no trend in the past few days, as the downward trend was broken with people believing we have reached a bottom. However, almost all newspaper and commentors say that we are not out of the woods yet (which is true). So the selling pressure after the rally will be great.

As I believe one should not go against the trend, I will wait until a top have been confirmed before going short again. For now, I will hold.

STUPIDITY

I find it very stupid when everyone thinks that this is just short term rally and will drop again soon, but at the same time they are buying into the rally hoping to sell it in the short term. This is simply very very stupid, I do not see the logic behind. Greed will make you poor.