Hi Chris, I think the government shouldn't inject money into the market... not that it will destroy the real demand and supply, it will also give hopes to people about the so called bottom... oh yeah, not to mention, like in every rally, we have idiots coming out to call that the market has bottomed, etc... over a thousand times already this year... idiots like Mary Meeker, Abby Cohen, etc... saying things the public wants to hear, with nothing to back them up... on top of that, they sit at the ask to sell their strong buy and newly upgraded stocks. Freaking crime is being committed everyday and can be witnessed by L2, the government and institutions are tying together, the politicians need to be elected next time, they have to commit crimes with the big boys. Oh well... to me they are all my best friends, coz' I know their agenda.
The market will tank harder after the government "injection" fuel is gone, and trap more investors... I sure hope the market will bounce from here, but we are not even close to the HOLY BOTTOM... JMHO.
Bernard |