Duke Wong

U.S. Rejects Nationalization of Citi and BAC

"STRESS TEST".
Goverment doesn't like bank nationalization. But an bank that can not survive then it needs to be nationalized.
The administration will tell us after the stress test what bank is nationalization or None of them are nationalization.
If you want to make a profit on the stock market then bet for the survival.

Stocks Are Cheap

Naturally, peoples are buying stocks because they think it's cheap.

Sentiment Overview: Still Seeing Bull / Bear Parity

I would like to find out, Is there anything else that could helps the market go up beside the bailout hope?
If the market was up only because bailout hope then I affraid there is just a rebound from the support.
Is there any more facts? please post.

Stop Trading! Geithner Is Innocent (1/13/09)

Recently, we have too much bad news. At this moment, I more concern about our economic. Does Tim Geithner have enough ability to take care his job as Treasury Secretary? Could he be able to resolve the currently crisis?

ECRI: Economic Recovery Not Yet in Sight

The economic recover can not happen in a day, week or month. It takes year or several quarters. Safety to keep the cash until more jobs create and the debt to be control. I think the market will be side way for a while (hopefully in 1 or 2 quarters). I don't want to catch the knife at this moment. We will have a better picture in next or second quarter.
Opinion:
1) Deflation, if the new ideas doesn't work out (cross your finger) then we get a deep-deep of trouble.
2) If the ideas doesn't do so well then it could takes several years to tune it.
3) If the ideas perfectly works then we can tell it in next quarter. By make a little of money to buy it now, but it's too risky.

Patient ...for the fact

A Bull Is Born, 2009

The fundamentals of economic are in the worstest but many peoples on the side have been waiting for market turn around. They are hopping the Obama's administrator could bring up the economic. New year could be new things. They hope to buy early before market going up. But the economic usually gets worser before the improvement is happen. Obama also mention it.

Analyst are hunting for divident stocks, why is not a profit companies?

Naturally, the market are in the trading range for a month then it uses to have some moving or bouncing because of unpatience and greedy.

Greedy is the opportunity. I believed the market could rally for few days then it will correct to what it uses to be.

No facts of economic improvement.