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11 January 2008

Published on: January 11, 2008 No Comment

眼下我們無法預知這一波反彈能夠持續多久,我們唯一看到的是市場在一輪中期下降趨勢中出現典型的“空頭陷阱”行情。很有意思吧?從理論上講,市場將會在最後一個空頭脫離陷阱、最後一個多頭建立倉位之後恢復現有趨勢。

Published on: January 11, 2008 No Comment
A bear trap within a bear trend

At this moment it’s impossible to know, and we will not pretend that we know, how long and how far this rally lasts because everything that’s happening in the markets right now is the classic example of a “bear trap” which is taking place within a context of a medium-term bear trend. Interesting, isn’t it? Theoretically, the market will resume the existing trend as soon as the last bears had gotten out of the trap and the last bull had placed his bets.

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