An irreverent look at Wall Street
everyone (the bears) are buying the fact that the market will fall off the cliff again sometime in q3 and 4...do you still stick by your view that we will actually have gdp growth in q3 and that we are still going to rally this year vs heading lower at this point?
I see growth in Q3; however the short term direction has gotten more muddled. Anyone can see the cracks in the market, and the cracks appearing in bonds and mortgages, but I think that is part of this corrective process. I think hedge fund liquidation is also hurting.But I just wouldn't be short in front of the FOMC meeting.I'm starting to question China tho..it has had such a move off of the low--and the Baltic futures are pricing in lower rates.Sideways action may be best for the market LT, but it doesn't help the ST trading P/L!
Anon:do you still stick by your view that we will actually have gdp growth in q3 Palmoni:I see growth in Q3-------------------------funny dialog
Palmoni - are you still holding mgm, and the regional banks?i have fig, mgm, hban, hl..both mgm,hl, and fig are underwater....what are your thoughts.thanks
Holding them all
Post a Comment