Steve - waiting for a jump?
Clinton freeing oil reserves, Bank of England selling tons of Gold, Euro/Japan/US central banks buying billions of Euro...
Next earnings will be revised upwards.
This is politics interventionin the markets, and, IMHO, always bad for the market when politics is involved, certainly to this extent.
Post market crash of the 21st, followed by.. will we call this a dead cat bounce, or was Fri yet another one day reversal?
I don't like this. But d*mn glad I didn't sell last week.
Still on the same scenario: market is up (not as usual, not with the bellwethers, against all TA) through elections and it will tank by year end: October rally, Yes - Dec rally, not this time.
Yup, don't like this. |
