My Time

Sunday, December 9, 2007

Big Boys unloading ?

US trying to buy time may or may not work........... eventually someone has to foot the sub-prime bill...........
lately, US lawmakers trying to push through $50 billions increase in rich taxes which timing is too coincidental............
boom and bust cycles are the natural order of things.............

Too many BBs still stuck in the markets.......... just check out the US banking stocks which have been hammered down from the highs............ compounded with China credit tightening before the Olympics 2008........... this recent rally may be the last waltz for BBs unloading............................. Really do not see any strong reason for Dow to break record highs.................. anyone disagree with this???........... but again stock markets are emotional driven................. bottom line is to push up to unload .............

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