Monday, March 22, 2010

Market 's revenge?

I cant get a scenario out of my mind. Market will drop in following bottom half of year 2010.

Reasons are samplly followed.

1, health bill passed, financial reform is next on the table, image how those sharks in wall st. like this.

2, it may hurt debt sell,

3, any drop preparation need about half year. 2008 July dipped for preview, but realy start is 2008 Nov.

4, when 2010 mid term election repulican takes back the house, unless ask for money, there are very few chances congress will call for hearings for any market action.

5, low interest rate extend perior will expire.

Wednesday, February 3, 2010

He is not a fighter, simple is that.


These days, in many aspects, I couldnt help to remind those people he worships.

Traced back 40 years, when a similar young, democrat president open his fight to another most profitable industry at the time, steel. Sent FBI into the most powerful 7 biggest steel companies, had congress investigated monopolisty, untill companies bailed after 2 months. He is JFK.

Also, same JFK, sent 3 people to the moon for doing nothing but jogging, that opened a new era in human history. Sadly, after 40 years, one of his successor closed it. This successor involved himself into a similar fight with another industry giant, banking, we both know, how easy he will bail with mid term election foresighting in 10 months.

Also, Same successor of JFK worships a republican, A.Lincoln, took his train to Washington DC but not his dream, lacked of courage to pursue what seem to be correct to him, either slave right or health care, and cant not convince a victory.

The successor also charted his stock as FDR's famous recover, but without fundamatal support and underlaying game changed dramatically, we dont know how far he can reach.

We named 3 great presidents in american's history, B. Obama, to me, neither red nor blue, is not a fighter, simple is that.

Friday, January 8, 2010

Is it just me?

It starts to look like the market will never drop again, liquidity washs out recession. the worest feeling is ....everything doesnt seem to make sense is making sense now. you see, "wores than expected Non Farm Payroll = economic still in bad shape = more liquidty to the market = market went up today"..

so back March 2009, the bank pressure test is just another lie, while unemployment rate stays over 10% for 3 months straight, the banks should be crashed right now..well, no, Ben got a deep pocket, my friend.

whoever said stock market is the reflect of the economic, slap their faces, please.