发表于 2010-11-11 12:11
update of my view:
the pink line will be tested (gap of 11/4 to be closed).
1. crawl up along the pink line -- so many buy-dips
2. more drop to the purple line, a support -- ~5% 'healthy' pullback
The Fed's asset buys threaten to make stocks "dangerously overpriced," Jeremy Grantham tells CNBC. "Don't play the game," he advises; get to cash and stay nimble, because you can use that cash to buy if the S&P 500 drops from 1,211 today to 900, "which is what we think is fair value."