This blog is about my insights, thoughts, feelings, and experiences as a DayTrader, Traveller, a Grandpa and a Farmer/Businessman.
Sunday, May 13, 2012
BLOODY WEEK IN THE STOCK MARKET
Stock market this week will definitely be far worse than anyone would expect. China has slowed down; most in EU have reentered recession; Greece might exit the EU and the US might be sucked back into recession as well.
Like i said last week, the best thing to do is sell all your positions before it gets worse. There is no alternative to being liquid! And when everything has bottomed out, get on the buying spree and go fishing. Or if have guts, go on PUTS or take SHORT POSITIONS.
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