Rally will have leg

  • cheongwee
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12 years 4 months ago #10399 by cheongwee
Rally will have leg was created by cheongwee
The rally will be strong, till Q4, the safe haven money parking in them will move back to stock,
Considering, since the beginning of the euro crises, so much money have been parked in safe haven, Just some 30% will be enough for rally to last till oct. and more will only stretch the rally till Q4 hopefully. And ther is proof that they are moving back to stock slowly. Thus the rally,
Don't miss this rally. Yes, the euro problem is still there, but who are we to argue with the market. Market assume German and ECB will defend the euro, but on what basic, they have got not enough ammunition, to cover Spain together with Italy later.
Just play along with the BB and profit and just have a stop loss for all position will be fine.
And i do not think Israel will attack Iran, which may close major oil shipping route and cause stock to collapse. If there is any attack it would be after the US Presidential election.
Hope all porpser. And benefited from this BEAR rally.
 

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