Monday, March 23, 2009

bear gave up...

The last 30 min was totally give-up.

The volume isnt the higher as the other accumulation days, on the contrary, i take that as bullish early stage signal of rally, it doesnt seen likely stop before the 3rd gap up open of SPX with volume to finish the distribution stage.

the hardest strike is taking to my confident. I read the mkt wrong, my friends. My great bear king, Jesse Livermore, once to say that trend is something you ride on, isnt something you try to catch or fight for. I pay my price.

uptend is likely to go on for sometime..target 920~940 in 2 months.

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