Friday, January 22, 2010

Markets Correction!

Was it just plain lazy? Me? Yes? Or no? Haha ...of course not ... I guess I have been just too caught up with making money.

The market is now giving me a break. For the last couple of days, the onset news of China tightening its liquidity policy & Obama's proposal of sweeping restrictions on banks, markets have been tumbling all over. These two giants have surely stirred panic & send the stock markets on a red alert.

Well, anyway, it's good when things are getting too expensive. When the correction is over, many will be able to go shopping in the stock market & pick up good stuff again.

By the way, trading, be it to long or to short, it is always going in a cycle. So for now, I am taking it slow & looking forward to celebrate my lunar festive seasons.
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