World Share Dip Due To Big Money Taking Profit On New Year Rally
After the China GDP roll out the market react with fear of further monetary tightening in China cause the share dip, however for me I think it just a news for big money to take profit after the new year rally. Last week I had written on my blog said that it is time to sale share due to too many retail investor jump in so when this happen big money will use some news to cover they profit taking activity. Will this cause a panic selling? need to wait next week movement.
Due to CNY is in 1 week plus, share may had some support. Ever dip in share is a opportunity to make profit, I always buy when I see red sea. Next week may likely to see more selling, once the selling stop, CNY rally may happen.
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