As for UOL, i am still holding. I am still looking for a reason to sell which i have't seen any yet.
The intra week rebound i am waiting for may have happened.... Dow is up more than 200 points right now... As usual, those who are late in shorting will be BBQ'ed.... this is why i never liked to short on breakout, the pull back is almost guaranteed. Then can we long/short the next breakout since i said it's almost guaranteed it will pull back? Guess what? The moment you fade a breakout, it will break powerfully and squeeze you. Then when you trade along a breakout, it will pull back and make you go green in the face. Don't ask me why it happens, it just happens! hahaha
With this rebound, it will be interesting to observe those resistances on the index and the stocks.. maybe the chance to katek more is here... or the point of reversal?
After Wednesday closing, i may have a clearer picture.
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NOL: What else can i say..... 隐隐作痛
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