Hold on please# Stock
t*l
1 楼
Downside risk becomes quite small at this point. The QE3 will be triggered
if s&p500 tumbles below 1050, which is only one shock away. The assumption
here is we are not in a recession now. I see a short-term rally (a week or
two) from here. Tomorrow Fed will probably address rating downgrade concern and
inform the market all options on the table, but NOT hint QE3. QE3 will come
anyway due to the extremely weak economics data.
Conclusion: sell in the following rally, and wait for the next round of
stimulus.
P.S. Remember NOT to use margin power no matter long or short at this point. Caution is the key now.
if s&p500 tumbles below 1050, which is only one shock away. The assumption
here is we are not in a recession now. I see a short-term rally (a week or
two) from here. Tomorrow Fed will probably address rating downgrade concern and
inform the market all options on the table, but NOT hint QE3. QE3 will come
anyway due to the extremely weak economics data.
Conclusion: sell in the following rally, and wait for the next round of
stimulus.
P.S. Remember NOT to use margin power no matter long or short at this point. Caution is the key now.