Orders for U.S. factory goods in November increased 0.7%, with nondefense capital goods orders, sans aircraft, contributing to the gain. Economists view nondefense capital goods orders to be an indicator of corporate spending. The increase in overall orders countered the expected decrease of 0.1% and was up from the revised October reading of a 0.7% decline.
We know there will be a pullback, BUT Where is it?
Around 1180-1200, Every one thought there will be a pullback back, but where is it.
8% was already there, if you hold all cash, how long can you wait. :)
very tricky, when someone like me start to think when we need pull money out,
some other guys start to think if they need join the party.
Stock market is not that easy. it's why 99% individuates lost their money.
follow the trend, buy low and sell high? easy?
yeah, if we just say it.
but Can some one say something that we buy or sell today based on today's level?
and it's correct. I think it's only me. dare to say and say it right. :)
uptrend still keeping well.
one word is hold. stock position around 50% to 70%.
pullback is around 1290 ( from today's drop, we saw the hope)
buy from here is kind of risky. but finance stock is good buy. want to buy, need buy immediately.
sell from here is kind of risky too. check 1280 - 1300 first. if can not break, then sell.
so only word we can say is hold or buy finance, don't touch bond, if you don't know what are the factors make bond down.
Tuesday, January 4, 2011
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