(This is not Turtle Trader or Trend Following blog. All stock and strategy mentioned in this blog do not represent buy or sell. This is my digital diary to express my thoughts and opinions about the world of investing. Ultimately, you will be responsible for your own decision. Please consult your investment adviser before taking any investment position).
Thursday, August 12, 2010
Buying opportunity coming?
Traders will think breaking down below 1,350 will trigger selling to manage their risk. Let's see how strong this level can hold and how heavy is the selling volume.
Do you remember my last Saturday posting regarding Japanese Yen flashing yellow light and I said coming 5-10 trading days will make things clearer. The picture indeed becoming clearer.
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