S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
The banks right now are "flush" with cash from the fed.The banks are begining to buy each others stocks .Look for the financials to lead the way in the next bear rally.They will attempt to "jump start the markets" and then sell their positions before the average investor is just getting fully invested.In that way the banks will reap handsome profits. They will also do the same thing with the chinese market. All depressions and recessions have large bear market rallies -we will have one as well. Watch for the following to determine when a rally begins 1) investor sentiment seems hopeless 2)the market shakes off "bad news" or becomes immune to bad news. 3)the Russell 2000 leads the way up. 4)The financial sectors garner strength. Once these forces become apparent we will have a rally. It will not sustain itself -but we will have it ! It could take us from 11k to 13k somewhere in that range. It happens in ALL bear markets it will happen here as well. g/l to all cheers...;}
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
They will also do the same thing with the chinese market.
All depressions and recessions have large bear market rallies -we will have one as well.
Watch for the following to determine when a rally begins
1) investor sentiment seems hopeless
2)the market shakes off "bad news" or becomes immune to bad news.
3)the Russell 2000 leads the way up.
4)The financial sectors garner strength.
Once these forces become apparent we will have a rally. It will not sustain itself -but we will have it !
It could take us from 11k to 13k somewhere in that range.
It happens in ALL bear markets it will happen here as well.
g/l to all cheers...;}