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I shared my thoughts time and again, about the TARP, PPIF and a lot that’s going on. You may wanna read this or this one on Banks’ windfall to review where is the interest of Tax Payers? Is the “creative accounting” meant to fulfill self-interest only?
Here are key points I would like to bring to [...]
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So we are having a great rally. It doesn’t seem like it wants to pause. If Dow is up this week, it will be up 8 out of the last 9 weeks. Wow, what a complete reversal of a downward trend that we had been observing since last year. What an extended overbought period. The [...]
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“Fast and Furious” is how I can describe the rally we have been seeing so far. As I mentioned earlier that this is the most healthy rally I have observed so far in this almost 17months old bear market. Albeit, on a psychological perspective, I am not yet convinced that this is the start of [...]
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As of yesterday’s close, the DJIA has gained 21% since establishing the March 9 low. The S&P 500 and NASDAQ have gained 23% and 25%, respectively, over the same time period. Wow, we have had wonderful rally so far, >20% gains in matter of less than 3 weeks; and probably one of the strongest rally [...]
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So we had a good rally, and two 90% up days along the way. An excellent week for Bulls. There are two schools of thoughts. One, it may feel like,oops..I missed the rally. Probably “that” was the bottom and since I don’t want to miss the “value”, I better get on-board quickly. While other thought [...]
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