I don't think it's time for"bottom fishing", it's not the time yet. It's trader's market, not for investors.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, June 7, 2010
Does Everything Changed Again?
It's news driven time. Before Friday, the market looked to the bullish side, then the Unemployment data seems changed the direction totally. With Dow lost over 3%. The bulls seem don't have chance to fight back any time soon. The bias is-- obviously to downside. It's silly to say this after it already happened. The fact is when the $VIX get over 30s, with the kinda of big volatility, market will swing up and down in big range.
I don't think it's time for"bottom fishing", it's not the time yet. It's trader's market, not for investors.
I don't think it's time for"bottom fishing", it's not the time yet. It's trader's market, not for investors.
Labels:
Investment Idea,
SG Mkt
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