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(11-08-2011, 02:46 PM)pianist Wrote: [ -> ]

(11-08-2011, 01:02 PM)violinist Wrote: [ -> ]People are catching falling knives all the time. Otherwise, who do the sellers sell to?

in a market like this, some sellers might not be real because they (shortists) sell high first buy back lower later...so some real sellers unknowingly follow-suit in the panic. result is - real sellers cut loss, shortist make money. and the one bought back from the 1st seller might be a shortist himself covering his earlier opened sell position. so there are many 'imaginary' buyers around.

Trying to recall around end 2008 - Mar 2009, when less and less sellers around whether real/fake, and more and more buyers, whether fake/real.

I think the World is entering into Slow Growth , Sharp Fall will taper off but still sliding downwards. Personally , I won't be surprised the STI come down to +/- 2000. My position is to wait out and see.