The Tiger
- Options Investing
- KL, Malaysia
- I am a tiger in the game of stock trading. I relentlessly looking for candidates to trade. When it is an inflection point. You would see i am actively participate in the game.
Thursday, April 17, 2008
April17 Revarsal
It is only two candidates for today. Yesterday was a Super bullish day because of...
1.Several companies top earnings estimates, including Intel, JPMorgan, Wells Fargo
2.CPI in-line with expectations; above the Fed's comfort levels, but better than feared
3.March industrial production unexpectedly rose; good sign for manufacturing stocks
4.Housing starts & building permits fall to lowest level since 1991; market shrugs off data
I am sure that everything goes up will ultimately go down. It is just a matter of time. So, if anything happen(any bad news or no news) might as well trigger the market goes down.
We are just waiting for that and place our order.
*No news, still go down? Yes, it might cause by lack of confidence and investors choose to take profit.
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