JP,
No one can claim he can predict the price moment of a certain date , but the long tern trend, Just like you can not predict when your newly bought BMW will
crash on the highway.
Unless you have the money to control the market , then you can predict such day to day moment.
I just give my gut feeling based on the fact that impeachment is over, and that there is no
way the Republicans can get 67 votes to step down the president in the senate. So,
what does it mean ? The president is impeached, but he will stay in office for the next two years, then , so what ? Nothing is changed in reality. That is one of the reason that I predict the market will up sharply on Monday, because there is no more political uncertainity in the market. The economic front is sound, and Asia is recovering, so there is not potential risk if you look forward. The inflation is still in check, and there may be room for another 0.25% cut for the FED.
The DOJ is now below 9000, and the trend is still upward , but just wave by wave.
So, if you are now on Put, then I am sorry for you !!! good luck on your investment !! |
