General mkt is still bearish.
This could be the needed rebound due to technical n short covering.
Could it be the 2nd or 3rd best chance to sell next week/s ?
Price movement now is hyper sensitive to Earning Reports.
Good profits will see the stocks go up slightly.
If bad, the price will plunge instantly like no tomorrow.
It might not be wise to use margin a/c in this mkt scenario.
Margin can only be utilized when all your stocks r making money for u.
That means u must be good 1st, then u borrow to buy more hoping to
make it big.
If u must trade, be a trader in a lower price band.
Some could be better off selling on strength n hope to buy back lower
later on. Try, this could work.
Keep your eyes open. We’ll have more volatility in the weeks or months to
come…
and plenty of good short-term opportunities if u r not greedy to take
small but good profits. Super fast Stockists will do well.
Many seem to operate their stocks. For last 1 to 2 years, earnings were
outperforming q after q when the going was good. Unlikely they've the
capacity to continue doing so, i.e.
Low PER<10, LTKM, SIGN, r in a typical undressing display. Who's turn is next ?
Only time can cure this problem. It might take weeks to few months
for meaningful trend reversal to happen. Your WB said, after the mkt
high tide, u'll know who r swimming naked.
But we only want to know who survive to be the next strongest stocks.
Please don't take too long to show up.
