DJ & S&P rallied a bit today. Market commentaries claimed that it's a technical rebound. Agreed. But the thing that makes me uncomfortable is that market leaders are all defensive sectors: health care, consumer staples & utilities. So I took the opportunity to reduce my positions down to 15%, leaving with mostly index ETFs. Market will probably consolidate for some time to find the direction. I'll clear all the positions if the downtrend continues.
Today\'s rally was perfect for 减仓
chipmonks (2009-06-18 13:26:10) 评论 (3)DJ & S&P rallied a bit today. Market commentaries claimed that it's a technical rebound. Agreed. But the thing that makes me uncomfortable is that market leaders are all defensive sectors: health care, consumer staples & utilities. So I took the opportunity to reduce my positions down to 15%, leaving with mostly index ETFs. Market will probably consolidate for some time to find the direction. I'll clear all the positions if the downtrend continues.