THE GREATEST SUCKER’S RALLY IN HISTORY?
15 September 2009 by Cullen Roche
2 Comments
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Comments
I do believe it is, but I think that due to all the liquidity, it will take a longer time for the market to roll over for the next big leg down, possibly come the spring of next year once there is a realization that all this stimulus will not result in sustained growth. For the better part of this year, side ways trading with perhaps a correction between 10-20%. It won’t be more due to longer term stimulus hopes buoying the market for the rest of the year.
Your thoughts?
i stop to belive in natural plunge due liquidity in markets.
the biggest plunge will be coming as result of higher interest rates as bondholders will realize sometimes in the futre, that they will be repaid only in devalued dollars, therefore selling the bonds out and rising interest rates. higher interest rates will crash all that liquidity.
but thats just one my cent.