Net China stocks goes bust...

[garfangle]

Quote from TheCaracal:



YOU STILL ALIVE BRO?

Yes, though fortunately I did not actually make any trade on my speculation.

I still believe they will fall, but it will take time.

Notably, the reason I did not make a move is because according to my own system (see Random Walk Journal) the stocks at the time were only in neutral (3) territory. And subsequently, they have moved back to long bullish (1).

I won't do anything until they break to short bear (4).

 

[whowah]

I said before that my indicator would have to get to -100 before i would consider shorting and so far they have not. I was smart enough not to short them but not smart enough to buy them. Wow! sohu at 42 or so.

The initial poster may be proven "right" in the long run but this game is not about being right , it is about making money. I got caught in a ratio option spread a long time ago in a stock called MCOM and lost a lot. Eventually I would have been proven right but did not have enough capital to say in and didn't want to.