6/26/2009 4:16:15 PM
haoqi001
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The concept of "Holiday Reversal" is a very impressive concept I learnt from Oscar.
As the next Friday on 7/3 is the start of the holiday, would the market be doing a Holiday Reversal right now? Which direction would it be?
- If we count from 6/23, after the strong up move, then the Pre Holiday might be soft down, then the Post Holiday might resume the up move which coinsides with the 7/4 sprint;
- But if we count from 6/12 (or 6/15), then the trend was down while the most recent trend (from yesterday) is up, then what? I think this is less likely.
The basic strategy I think may be to expect a reversal after a sizable move either way and not to expect a straight move.
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7/2/2009 3:14:41 AM
haoqi001
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Now I believe the situation #2 is more likely:
"- But if we count from 6/12 (or 6/15), then the trend was down while the most recent trend (from 6/25) is up, then what? "
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7/2/2009 4:17:28 AM
yungrader
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watch out for bonds after the holiday!!!!!
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7/9/2009 9:22:34 AM
yungrader
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i knew the bonds would continue up-run.... i also had intuition telling me that this was no holiday reversal and that everything would cont after the holiday!!!!!
ESSS looking bloody
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2/12/2010 6:25:58 AM
haoqi001
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Interesting time or touch time again: this is a Pre Holiday Reversal - but it is upward. Is that like one?
My view points are here:
1) A year beginning correction has been going on (after last year's huge gain)
2) PIGS have been a problem
3) China may started correction months ago (so now the world might be following)
4) This week is a Pre Holiday Reversal up, after a full month of selling (hence, Post Holiday might see a knockdown sell off for 1 day on Tuesday).
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