How not to catch a "falling knife"?

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#21
(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?
Big Grin
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.Rolleyes

Reply
#22
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.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)