the smartest trades they did today was: selling techs and buy finacials for Div.
almost 90% of banks approved to pay div 100-200% more
for example 1million jpm shares will get 250,000 Div for next 2-3 months.
if you hold tech, you get nothing, and take risk on down side.
Banks will pay those smartest people (funds) while those people(funds) hide their assets.
Today's banks' announcement and mkt money flow action tells us, techs will not have any chance and not worth to hold, and AAPL, etc 100+ tech stocks are likely will keep selling down to their 200ma if not yet there, like AAPL 200ma is 300, and current support is 320.
if look for short, short techs. if look for trades, go for commodities. do not short financials
Last Friday 是真的MoneyFlow into high Div banker to hide assets for next 2-3 months. so I do not expect mkt go to moon soon, Bulls have to wait.
(1) do not short financials
(2) DT or 1-2 day holding to trade commodity FCX, ANR, BTU, CLF/X, MOS/POT, etc High beta stocks，long and short.
(3) Bulls stay away from high tech
(4) hedge funds could be very possible dump high priced tech stocks CRM, AAPL, NFLX, etc if situation gets worse.作者: not4weak 时间: 2011-3-20 10:10
Thanks.
A question: if high tech is dumped, then the market can't hold just with the financial alone.作者: ctcld 时间: 2011-3-20 10:33
