20061120 12:30 pm. An example of how traders/investors/analysts can get ahead of themselves in bias. This is one of a smattering of 'bullish' comments that analysts can come up with for today. In the Malaysian stock market, there is a potentially dangerous bias participants take. This a 'bullish' stance. this is because of the one directional view of trading, that is on the long side, be it stocks, warrants, convertible instruments etc. When people get too far ahead of themselves in this 'bullish' bias, the market usually turns around to drop (like this morning) or move into a larger consolidation pattern. Trading derivatives like futures on stock indices and stocks, do provide a very good advantage in the two dimensional aspect: the ability to short, along with the ability to trade long.
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