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Rames

11/08/10 3:57 PM

#57611 RE: derek2000 #57597

I'm a bit more cautious, but generally I do agree - we have a lot more room to the upside. It all looks like Nov/Dec 2009 again. The general market is red and China small caps are higher 3-20%. Crazy.

My current strategy is to be 100% invested, to buy stocks which are set to break out, which might follow their peers, which have catalysts coming up, usually earnings. Bought some SORL earlier on the break of $10. Things like that...

I am not trying to maximize profits here, though. No need to take on unnecessary risk in this market. There will be enough time to reposition yourself after this earnings season. For now I don't see any reason to risk NIV or GSI type of disappointing earnings, everything is running up and we are all in the right sector here.