Good that there is no trading on thanksgiving day. I could take a break.The market surprised me by moving down to 116, I thought it may stablise around 118. Well, now, it seems like everybody is saying will retest Oct low, next year DOW5000, but just three weeks ago these people say DOW will move up. So, what I can learn from here is always act only when market goes extremes, no action needs to be taken when market is in middle range and a triangle may means break out or break down. And when market goes up very sharply, it may come down sharply also. A few weeks ago, I am supposed to wait for this 116 and buy, yet I did not do it????
The whole thing of DOW5000 still look impossible to me at this point of time. DOW5000 could means a few more banks go bust or one EU countires go bust, Asia are still holding onto the slow recovery. US overall economy is still positive. Well, lets wait and see.
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