I think to short need no learning, but you can learn if u want. Just have CFD will do. It is not learning part that is difficult but rather the part of getting use to it. The more you do it, the more you will come to love it.

People hate shortist, but shorting is actually hedging.

In fact, hedge fund make more money from shorting the market, then longing.

This is true, because i too make more from shorting than long.

Actually, banning shorting will not work, if the mkt is bad, ppl will still sell, and stock will still go down. Shorting is a small part , and it may contribute to stock collapse, though not much. Banning shorting is just a political excuse.

So now dow is back abv 13000, now what? I will speculate on penny. Since i have sold most position, i will do like what i said before,i.e. buy on dip and i am still bullish till Q4, hopefully, the -ve GDP will not be in Q3 ( reported in 4th wk of Oct.)

I think coming weeks will be profitable, Spain is not like Greece or Portugal when their borrowing cost rises abv 7% panic set in. 

I think it got to take a 10% then they will go for bailout, I think only, not i read somewhere, it is my judgement and analysis, not a fact.

I believe  coming wk will be the rally we waited for and the next one will be very far away.. Make full use of it to make money, if you do not know how to short. I think Q4 onward, shorting will be very profitable. In fact, shorting is more profitable than a rally, because stock go down faster than it rises.It is the same as longing, but only on the way down.

So now dow is back abv 13000, now what? I will speculate on penny. Since i have sold most position, i will do like what i said before,i.e. buy on dip and i am still bullish till Q4, hopefully, the -ve GDP will not be in Q3 ( reported in 4th wk of Oct.)

I think coming weeks will be profitable, Spain is not like Greece or Portugal when their borrowing cost rises abv 7% panic set in. 

I think it got to take a 10% then they will go for bailout, I think only, not i read somewhere, it is my judgement and analysis, not a fact.

I believe  coming wk will be the rally we waited for and the next one will be very far away.. Make full use of it to make money, if you do not know how to short. I think Q4 onward, shorting will be very profitable. In fact, shorting is more profitable than a rally, because stock go down faster than it rises.It is the same as longing, but only on the way down.

Nobody can know what the morrow will bring. Those news you read are reported by reporter base on what he know, or what the authority want him and you to know.The only guy to know the actual fact are the CB. We can only predict.

The GDP report are reported in the last week of the month following the end of the quater., like the one coming out tonight. The next report will be somewhere around Fourth week of October for Q3. I believe this Q3 when reported in last week of October have a high chances of showing ---ve growth. If not then Q4 will definitely for sure show -ve.

I will sell first, that is my opinion. You do your diligent.

So what can we do? Even for those who long, what shd we do? If GDP show -ve, what u think will happen? If this come about , stock will collapse fast, that is for sure. So either i stay or i bailout first, and wait it out. And buy back cheaper later, or shd i just stay and see my counter go down, and later ave down more.

If we are right, recession hit, we save our investment from depreciating, if we sell before Q3 report, because stock will drop fast and we got no time to sell. If we are wrong, the most we lose some and jump back in and continue the ride up.

But if you lose, most likely it is going to be heavy, I do not long any stock, but i do suggest if you do long, sell first, and side line, and wait for recession, because to me, a recession is a sure thing., just a question of when?

And i think it is 60% to be in Q3 and 90% in Q4( this Q4 will be reported in the last wk of January) But i think the recession maybe a mild one like ECRI stated in their report. So i am hoping it will happen in Q4 so we can make more .

Even if you long, you know that stock will go down, if recession hit, Then why not sell first and buy back cheaper, instead of waiting to buy more to average down, while seeing your current investemnt going down in value.

We do agree that stock go down faster than it rise. So sell to strength and wait for 2013 to buy cheap. I believe we can buy cheaper then 2009 in end 2013. Patient will see gain, but will you dare to buy when we are there? 

Tonight if GDP is not within expectation, mkt will come down big. So I sold most of them yesterday and today. Except for some penny which is recession proff for now.

cheongwee: what do you think of this?

U.S. stocks rallied Thursday, lifting the Dow Jones Industrial Average to its best day of the month and into positive terrain for the week, after the European Central Bank signaled its intention to preserve the euro.

“Within our mandate, the ECB is ready to do whatever it takes to preserve the euro,” he said at an investor conference.

Bond yields in Spain and Italy plunged, temporarily removing a recent drag on sentiment. Spain’s 10-year note yield fell back under 7%.

I think he is away on holiday. Vaguely remember him making a posting on that, so his legions of 'fans' will not wonder why there are no more postings fr him.

I am a fan too. Well i do not follow your trades but i do agree i do enjoy reading your posts and insights.

No more postings ??

Cheongwee, your posts have been interesting. Can't help reading them. I think you have your style of investing and you have been successful.

To make it absolutely crystal clear that you dont ding dong etc,  I suggest you quickly state date of purchase + price after you have bought a stock you want to highlight. and when you sell, quickly say so and state date of sale + price.

ok, by starting this thread, i see you are a credible guy

All those recent lousy US economic data are the result of euro debt cirses. Business see this also scare to expand their business.

But the most important point is PIGS are no going to default anytime soon, till next year.

So long S&P is abv 1306, rally is alive, buy the dip.my suggestion.

stagger your buying, like Sani said, this is a good idea.

http://nextinsight.net/index.php/story-archive-mainmenu-60/916-2012/5485-sani-hamid-q2h-economic-data-will-be-negative-time-to-buy-stocksq

this post is form cheongwee

OMG, i forgot to put user name, this post is from cheongwee

Finally, i have a thread, and you can hold me and nail me down dead. I will not ding dong all over. I will be citizen here unto death.

we can always refer back what was said and done.

Welcome to my thread.

and hopefully, u can pinpoint to me your trade also.

One nite,someone here state something about Cordlife, i go and see it, and see an interesting movement here, so i decided to put money into this one.

I am in profit now, Thank that guy, whoever he is. I am grateful to you for pointing out to me.

I am looking at immediate tg px of 61c.

thanks again. for your tip off.