● 路遥 : if i want to get some H*D today, should I get HXD or HSD? Thanks.
○ I think the market has not found its direction yet. SPX could go up or down 100 points from here. TSX has been beaten down for a while so the profit room is less that HSD/HSU. Play defensively and make small bet each time
○ This is a very uncertain market. Even skillful traders could be caught. So better rest for a while .That been said, it is better be a judge than a fighter for now.
● Don't want to mislead you but the bulls have a very solid support at 886(today's bad news didn't break the 1st support). Seems the main players are determined to bring this rally to a new high. So be careful. It is not time for bear-pile-in yet.
● The time for you to make a big bear bet is when you see VIX jumps higher. But right now, it is new lower low all the time. So bears are still waiting. Bulls are still dominating the market. Watch out VIX all the time.
○ Thanks! I did not trade yesterday. Maybe will not trade today too.
○ Yes. Better to wait. The time is running out for Bulls. It is lossing strength. But nobody knows if Bulls will make a final attack(I wish I do -:). Right now the oil/gold are shooting up. This gives Bulls some support.
○ 路遥, do you have hou.to? what do you think of it ?
○ No. I do not have it. Short term, Oil is having a decent rebounce. Middle term ( 2 ~3 months) will still go down. I do not see any new trend yet but this could lead to form a new trend in the coming month(bottom is coming)
○ you mean HOD to buy?
○ Not either. Market is seeking direction now.
○ For how long? Tomorrow?