Quote:
Originally posted by asian_XL
i'm staying away from dow, tsx, nasdaq these days...
chinese market is still booming like no one. It's hard to find another market like this few years later.
the other page gives out too much personal information.
I do day trade a lot, I wouldn't post if I am not making money
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yes, I recommend people to stay away from DOW, Nasdaq, TSX at least until September 18.
I can't believe China market is still rising like a rocket. I wish I can buy some China stocks as well.
I got plenty of oil services stocks which gave me a pretty good profit this year. I will sell ALL of my position tomorrow and not going to make a move until the Fed Meeting.
The possibility of a market crash is highly possible. Please compare the chart of DOW in 1987. Very very similar pattern of high and low.
I will attached a chart which I took from an article for reference (note: It's Chinese).
Look at this article by Alan Greenspan
http://ap.google.com/article/ALeqM5i...Lb1hzKDMRn7HHA