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本帖最后由 colderdown 于 2011-5-11 21:38 编辑
I have not been back this place for 3 yrs. I have noticed there are so many shops closed. On the other side, I can't find great deals at an outlet shopping plaza as yrs ago. Maybe cost push up inflation is in playing now. So, will we see the things I meantioned before, we all have to wait and see. But at least, QE1, 2 did not really give us an answer for employments. I stick with my gun, without another QE, SPY will go to 110 zone. Right now, I don't have short position but have long USD position. The logic is US QE money rush to commodities, their price did not really reflect demands and supply relation. While the commodities' price drop, the demand for USD will go strong. Also, not every IB just gave you BS. Some of them are still honest from time to time. On some reports, they did warn that insititution lack of accumulation, streets' view is too rosy etc. Thus, until all those changed, I will be careful about long positions.
Traders need to watch dow 12400. |
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