Nasdaq nears 10-year high; should you be nervous?

Nasdaq nears 10-year high; should you be nervous?

I think yes we should be alarmed about the stock market, however I think there is still plenty of room for stock to grow. It will be another 2~3 years of long bull stock market before the world wide stock panic happens. People who got in stock last year has made alot of money. People who get in stocks now will still make some money.

People who get into stocks at the end will be left holding the bag losing alot of money. It is good when people are doubting about investing. You should only be really worried when everyone is tauting that stock market can make everyone rich and lots of money.

I am staying another week in Taiwan, so I probably will not do any trade during these times. My grandma passed away last Friday. Funeral will be in another week. The ceremony will be buddhist type. So lots of praying and standing~ So sad about my grandma. Maybe I should have visited after I became American citizen...I have not been to the US for the past 12 years until now ><

Factory activity grows at fastest pace in 7 years

Factory activity grows at fastest pace in 7 years

The stock market was doing really good today. Maybe it has somethings to do with the factory data. That investors are thinking that consumers are buying more, therefore factories are making more. I think in general it is a good thing.

I just hope that this short rally will not be short lived. I am keeping my holdings for a couple more days to see how they go. I might jump out at my stocks at any time when another buying opportunity presents itself.

Although I am quite up, if I sell anything right now. I would still be selling them at a loss instead of at breaking point. So...because I think this week will be kindly for stocks, I will keep them.