If the market does not get worse, things are looking pretty good for later in the week....but the day is not over yet.
Key words there... Luc is right to hold off opinions until he sees the close. Of course that carries risk, and I guess either your knowledge is good, or your pocket is strong.
I am not so sure I agree with all of your scenario, there are many assumptions that could not materialize, in addition, energy costs will add up to the mounting costs that companies are facing with falling revenues... so this will eventually will create lay-offs... no job, no money, no spending...
At the same time, I can not inore what the market does, as illogical as it may seem.
In short, in this business you get paid for taking risks... so you may be right and will be rewarded. At this point I will step aside, as I see no clear trend... I will change accordingly once I see which direction seems the stronger. |
