9th Oct 2011–It is a the dragon season again.

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
44.00				41.50

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Both daily and weekly chart shows that $44.00 is a pretty safe entry.
2. Intraday chart shows that price did stabilized at $44.00.
3. Indexes before market open was very high, but disappeared quickly after market opened and started to go downward.

 

Lesson Learnt:

 

1. Watch the trend and MA lines.
2. Don't rush into the market when it opened. Watch for its movement.

 

Intraday Chart

Historical Chart