Bullish and bullish
If you happen to follow my blog, i really say this for the third time…. may be since Jan 2006, and till now, ppl still very bullish. How do i know? If everyday you see people asking, what stock will up next day? What is the stock stock next week? Can I still buy china stocks, will it be too high now? and so on….
Anyway, I intended to close most of my position before end of first quarter during Jan, but till now i haven’t do anything, coz same as the rest, bullish and bullish, although all the bearish signals appear, but it still get forgotten because the next day price hike again.
Here is something that i extracted from The Edge
“… But with interest rates rising, an inverted yield curve that suggests a recession is coming, a bull market in crude oil that has not collapsed in the face of bearish fundamentals, a four year cycle that suggests 2006 is going to be a very touch year…”
Although all these signal appear again and again, it always followed by a price hike, so ppl tends to ignore it.
I’ll try to watch all position closely and lock profit whenever things not right.
