退休帳戶401k -- 關注下一個受害者

If you failed on your investment, you will need to take lose all by yourself; if you are lucky to make money out of it, the government will tax on you. Now, when the investment banks failed on their investment, (they claimed their risk management!?), the government and the tax payers need to fix their lose, and the executives still take money out of it ?
欠錢的比債主大 只要你欠的夠多 債主還怕你呢!
Today's markets down again despite the senate passed the rescue package last night.Dow Jones down 348 closed at 10482.85, Nasdaq down 92.68 (closed at 1976.72) and S&P500 down 46.78 closed at 1114.28. As I mentioned yesterday about the candle stick, it gives bull a chance but it only shows a flat market, this bull is already run out of power. The jobless claims number today is also one of the factor for the decline, the chain reaction had started... Next, people start to worry about their 401k, or need their money out from 401k, and the fund managers will have less money to invest and worsen their performance.

The dollar become stronger these three days, and the gold drop $44; from chart point of view, it the time to get out of GLD, though I still think the strong dollar won't last long, and gold should come back higher... Well, I'd better to follow the chart says not what I think.

Today I took lose out of Merck, I was told these segment would be safer when the market got hit, but not at this time, people just cut their budget to get cheaper drug or reduce dose, also the company faced some problems. It's time to stop.
The bet on shorting Google, emerging market and small cap looks correct at least for now,
Goog down 21,23 (5.16%) closed at 390.49, EEV up 12.68(12.9%) closed at 110.87,TWM up 6.88(9.3%) closed at 80.38 .BBY down 2.12 (5.8%) closed at $34.4 and it diving down.

Today's move:
Sold MRK at $31.85 (closed at 31.1 down 0.99)