97m6formula

Chinese Economy Humming Along; Stocks Still Raise Concern

The problem I see is everyone trying to make their money back that they lost in US companies. So they are buying shares of companies like VIT and then dumping them as soon as they make profit. I bought VIT at 5.86 and sold it at 8.20 and now its at 5.55 for no reason other than profit taking. This is a big reason why the market is going the way that it is. Everyone is taking profits instantly instead of longing stocks. At least thats how I feel