My next moves
I've watched far too long as prices have dropped because fund managers need capital to cover margin calls.
I don't see this ending for a while and I don't want to sell stocks that I think are selling off for market reasons (as opposed to fundamentals)
So I hope to make money on TRID following their call Monday. If that plays out well, we will the ability to sell some holdings and increase our positions in some stocks that are getting temporarily hit.
I don't see this ending for a while and I don't want to sell stocks that I think are selling off for market reasons (as opposed to fundamentals)
So I hope to make money on TRID following their call Monday. If that plays out well, we will the ability to sell some holdings and increase our positions in some stocks that are getting temporarily hit.
posted by Andrew at
11:45 AM
1 Comments:
The last one hour sell off on the Friday proves your point that the unwinding is still not over . But I think in the coming week stocks will rally ..there might be a hint of rate cut in the 7th Fed meeting. Then the unwinding might kick off again before Aug23rd on speculation that BOJ increasing int rate. One positive signal in this week was Hedge funds looking to buy some stocks in the housing markets have given some faith to credit markets.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home