Azta12 where did you get the US job data? If its true what u said (which is my suspocion also, since its the last good quarter,) I can smell boom time Charlie!
Fingers crossed that Bernanke applies QE too to counter the coming weakening quarter. Holiday season following quarter will always be good!
i like this part : “Over the years, global investors have learned that it does not pay to fight the Fed,” said Holger Schmieding, chief economist at Berenberg Bank in London. “Those betting on the demise of the euro may now have to realise that the ECB is as mighty as the Fed.”
Woke up, checked the indexes at Bloomberg and WOW! I've not seen Europe's markets gain that much for a long time. Some are 3% up. The US finished decisively strong too. The S&P especially. The positive sentiments should spread to Asia and BSKL too. Regardless of the rumours of the GE coming soon or whatever that has been affecting our market, at the very least, there should be some rebound to the general after the rather sharp falls over the past couple of days. The performances in Europe and the US are too significant to ignore.
Long term, do not buy in yet. If already bought in past 2 days, today is the best time to really dispose for short term because many will buy in due to US & EU up high last night. This is my thought. May be GE is at the corner, many big fish knew that and start to slowly dispose. They cannot dispose all at a time but have to slowly. Past 2 days already shown the sign. If going in now will be trapped or catch the high price. Again, this is my personal thought.
bro, take it easy. invest to gain $ but not to bet your valuable life. It happened to few of my close friend. Very rich but end up nothing except debt. Anyway, wish you n everyone good luck.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fat Cat Tim Buddy
2,340 posts
Posted by Fat Cat Tim Buddy > 2012-09-06 21:10 | Report Abuse
(no holand ok?) hahaha..