If history is by any guide,MACD indicator (and other major ones) are actually have a dead cross near 28/Sep 1987 and 7th Oct 1987, which warned everyone long there. But Now, DOW just had its major indicators crossed lovely at the bottom, this is Point One. And Before that, people actually did their business as usual, without any panic selling like previous 2 weeks in US. I think only a lot of evidents(N>=30) can establish one point from statistical point of view. Hope there are other more evidences to convince people :)

If history is by any guide,MACD indicator (and other major ones) are actually have a dead cross near 28/Sep 1987 and 7th Oct 1987, which warned everyone long there. But Now, DOW just had its major indicators crossed lovely at the bottom, this is Point One. And Before that, people actually did their business as usual, without any panic selling like previous 2 weeks in US. I think only a lot of evidents(N>=30) can establish one point from statistical point of view. Hope there are other more evidences to convince people :)

my point is not that history will repeatmy point is to remind ppl of risk. anyway, we hav to be consistent in our logic to invest/speculate, i.e Why do we look at charts n technical indicators if we dun look at this? ^_^ (My taking is we dun look at either seriously, but i could hav argued the same thing 10 or 28 days ago n things panned out well, errr..against me)

sometime courage is everything!courage makes me 80% hold on 17Aug.

no point justifying ur rational by what has happenedif u hav oppty making less risky money, no point having so much courage. i hold my view this is not the time to take big view of mkt n pair/event trading shld dominate.

what I want to say had been repeated by many great investors in the history,I quote it below: "people always have fear when they are supposed to have hope, and alwayse have hope when they are supposed to fear." I am not a gambler, but I have courage.

this is generally true but not always truen yet again it missed the point - u shldnt have fear at the wrong time doesnt mean u shouldnt hav fear my view is, as posted below n in msg to speculist, neutral on singapore mkt. (but this doesnt mean i dun buy) great investor takes long term view, which i dun doubt, but are do u think they "bottom fishing" now (if this is really the bottom)? ^_^ i suspect they probably hav built positions a few years back.

关于此图，请看http://web.wenxuecity.com/BBSView.php?SubID=finance_best&MsgID=5203 1987年的市场大崩盘总是熊派爱抄的热门话题, 现在的熊气冲天和三月初市场刚大跌时是何其相似. 那会就已经有人对1987 和2007 作了对比. 看看当时的对比很有意思, 转贴如下: 1987 versus 2007 I keep repeating I am not a fan of the 1987 parallel to 2007. I am not saying its impossible -- just less likely than other potential parallels (My choice is 1973, Doug Kass' is 1937). Yet many readers keep drawing my attention to the 1987 conclusion. As a service to those of you who find this compelling, here is an overlay of the chart several of you have sent in. Dow Industrials 1986-87 - 2006-07 [img]http://bigpicture.typepad.com/comments/images/2007/04/16/dow_8707_3.png[/img] 看上去真的很吓人. 结果,有好事者后来又重新作了对比, 不同的是归一成同样的尺度: UPDATE: April 20, 2007 6:21am This chart (courtesy of Charles) shows the scale of the run up between the two eras to be very different . . . Dow 1987 and 2007, scaled to 100 [img]http

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