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发表于 2010-7-29 02:16 PM
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I believe we are in a range-bound/slightly bullish market in the next month or so, until the markets have enough evidence to decide on a direction (to the down side in the longer term in my opinion). In this kind of market, stock picking is important as indexes are much harder to trade, as we saw today. Some strong stocks like GS, POT and RIMM are holding up very well today even in the darkest moment.
The reason I believe the longer term picture is bearish is that I see more and more leading stocks are losing steam, or even already in down trend. Few examples are AMZN, PCLN, NFLX, and today, my favorite, AKAM! |
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