|
发表于 2009-3-19 12:46 AM
|
显示全部楼层
The opposite is true. If the market keeps dropping like last Feb, people will stop putting more money into their 401K plans, because that almost means immediate loss. Only if the market goes up, there will be more money flowing in.
There isn't much of a reason for the market to drop further than 650 except for feeding the big bears, who are the minority anyway. Now it's time to take care of the feelings of millions of long-term investors because they're the reason the market still exists today.
We'll definitely see new lows that's lower than 666 ahead, the only question is when. If we see SPX 900 before SPX 600, it doesn't make sense at all to miss the rally, and it's insane to short this rally. Timing is everything. The bull market is still in distance, but between now and then, we'll see both uptrend and downtrend, not only downtrend.
Believe also what you see, not just what you think. |
|