Fannie, Freddie bailout: opportunity to huat

[PropertyWatcher]

It's all over the news: The US will bail out Freddie and Fannie that holds more than US$5.4 trillion, that's TRILLION, in home loans

Wall Street Journal Online edition is trying to talk the market up, quoting fund managers and Chinese banks.

Chinese banks hold US$380 billion of agency debt. Of course it is good for them.

HOW TO MAKE MONEY??

Market implications:

US Treasuries >>> COMATOSE

Commodities >>> CHEONG

US stocks >>> knee-jerk is UP but further out, DOWN because of rate implications. If knee-jerk is a rally, fade it after it covers the magnitude of the last wave 3.

If make money, must help the poor and underprivileged

If lose, take it as a lesson.

 

[PropertyWatcher]

Dow up 200 points now

STI will cover Friday's loss at opening at this rate, will wait for opportunity to sell after initial euphoria fades

 

[madmansg]

that is why it is not wise to be completely out of the market for most people miss the turning point.

 

[PropertyWatcher]

that is why it is not wise to be completely out of the market for most people miss the turning point.

i think fade rally still best bet. the knee jerk reaction and vix retreat temporary.

what u think bro

 

[madmansg]

it will be reversal of last week sell down. So bottom will be in for time being. USA is strongest market as it is the safest market (safety first now as risk adverse ) and first to turn up. THe fire hose of USA govt now working hard on inflating the financial balloon.

 

[BlueCat]

only if you have some extra cash.
coz you may have to hold on for slightly longer to see the benefit or reap any profit.

 

[xdecepticon]

that is why it is not wise to be completely out of the market for most people miss the turning point.

But probm is no one can predict whether it had reach rock bottom..:(

only if you have some extra cash.
coz you may have to hold on for slightly longer to see the benefit or reap any profit.

Last Wed bght Cosco. KNN, dropped further. This kind of bear market if got extra cash is advisable to stay side line. If want to cheong, then play short. No risk no gain. But to hold on to a particular counter for long is suicidal...