days or weeks like this today, is getting very scary. Last I checked GS down 30, MS down 10. During the financial crisis in 2000, Asian stock markets were depressed. Hong Kong Gov't went out to buy stocks when "hedge funds" trying to short and short. I was visiting Hong Kong then and I was a spectacular events. It turned out we all got through fine. Except the rumors for some Hedge Funds made a lot of money.
Because of other obligations, like work, I can't trade intraday. But there are very few entry points for me with long candles everyday. I guess sitting on my hands is not a bad idea these days.
shorts: greed (again)
longs: waiting
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