Open Thread


What's Your Take? Leave a Comment

Leave a Reply

  1. Here’s my take on the market through the end of the year:

    Over the course of the next 2 weeks, the Irish situation will be dealt with and the ECB will give them EUR100B to bail out the banks (who hold all the Irish debt)…thisa will cause the Euro to weaken further but it will cause the equity markets to rally strongly…strong likje we haven’t seen in quite a while and fueled by the QEII money that still sits on the sideklines in cash.

    This will drive risky assets through the roof….think Thailand, indonesia and especially Vietnam (VNM).

    There will be an end of the year rally that will be fueled by all those people chasing performance that they were unable to achieve YTD and it will be a free-for-all.

    It will come to a nasty head and sell off again in January after the realization that this was a momentum driven rally and nothing has changed.

    I did nothing yesterday because We see this sort of volatility too often…it’s not the start of a bear market, just more volatility.

  2. i don’t see where said she lived in prospect hts. only that she spoke in favor of a pros.hts org.

    people crowding onto subways means they have jobs and the recession is over thanks to obama.

1 71 72 73