A market full of traps
(2007-08-29 14:16:34)
下一个
Yesterday\'s big drop made the gains of last week look like a bull trap. But with today\'s action, it seems what\'s really trapped are the bears. The weak holders may have got out yesterday. They\'ll stay on the sideline to nurse their wounds in the near term. But the bargain hunters are back and may drive the market higher in the next few days. Statistically speaking, stocks usually perform quite well over a long weekend. Let\'s see whether it will be true again this time.