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

Friday, November 16, 2007

Market Thought

I think the S/T bottom is found today & I am now fully loaded.
  1. This morning's fast drop(3rd day) of recent new bear leaders such as RIMM GOOG AAPL & the old bear leader BKX SMH, especially RIMM, is indeed a good sign for the bulls.
  2. SPX holds 1450 well by market close, also a good sign. Going ahead SPX may test 1500+ area.

JMHO -Blue

posted by Blue @ 11:44 PM