Thursday, September 27, 2007

Greed... a key factor to downfall....

Well it's indeed a wonderful time to talk about warrants these days... especially China warrants that seem to have the ability to defy gravity...anyway, again those that has earn from this run might just wanna consider locking in your profit rather than building more castle in the air by hoping for more upside from these counters...

The trend of the mother shares of these counters (Eg. CCCC, ChinaMobile) have reach an almost vertical trend.... As much as chinese investors would like to believe that it can go on more, I'm of the opinion that traders should pull the plug and lock the gains... wait the the next cycle... it will fall back... while it does, the money can be put to good use in other valueble counters.

Back to my principle, sell when everyone starts to buy... and vice versa. It's all about the leading the pack... don't be left behind.

Just my 2 cents.

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