Visited a few Chinese stock forums over the weekends, the majority of the posts are talking about the rebounds, holiday rally, etc, except 黄老泻. Sounds like the rebound is a sure thing, but that's not how market works. It is a crowded trade to me.
Accumulated a few APPL shares over the last 2 days, but I am not comfortable to hold it any longer than 12pm EST Monday .
回复 9#greenhand2009
Sold mine in 550s. As an individual stock, AAPL may go as high as 620-650 to complete the head-shoulder pattern before the next leg down.
But the global slowdown and recession are not discounted into the stock price yet. It will come, that's my opinion.