BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Wednesday, September 20, 2006

From commodity bubbles to stock bubbles

I guess we're right on the way to create new stock bubbles after the commodity bubbles bursted recently. That's why I would focus on buying dip, even though I could go shorting from time to time on a fast-trade basis if market got too much overbought.

NAZ broke out the range 2200-2250 today after it had a fast decline to 2202 yesterday. I am now looking for a new range 2250-2300 ahead.

Good night!