摩根士丹利：准备迎接大跌[3-17]

胡同儿串子

大跌或暴跌已不可能，摆地铺的太多，除非突发事件。JM2C

fead

thanks!

sooners

回复 1# ranchgirl


   

旅新

请教，“小型股-大型股比率”是怎么比法？从你的表中，所谓 small cap vs large cap 与0.55， 0.56，... 0.59，0.6， 是什么意思？ 谢！

ranchgirl

The English version:


Bubble-nomics: SP and Nasdaq Straining at Resistance And the Remnants of Fear
More Evidence that Banks Create Credit Out of Thin Air


MORGAN STANLEY: PREPARE FOR A SELL-OFF

Pragcap looked and looked and looked and found it. One lone bank afloat in bull-land sea sees risk in the market waters. - Ilene
MORGAN STANLEY: PREPARE FOR A SELL-OFF

Courtesy of The Pragmatic Capitalist

It wasn’t easy to find in this sea of bulls, but there is actually a bank out there that is not full-blown bullish following the huge rally of the last month.  Morgan Stanley says investors should prepare for a sell-off in the coming weeks as the market has gotten ahead of itself. Their equity analysts say the risks have risen in the near-term as sentiment swings wildly positive (see here) and risk assets run ahead of themselves.

Morgan Stanley says these two risks could overshadow the market in the coming weeks as investors adjust their portfolios to account for the large discrepancy between bulls/bears and risk assets versus lower risk assets.  According to Morgan Stanley the put/call ratio represents overly bullish sentiment levels that are historically followed by sell-offs. In addition, the sign of excessive risk can be best seen in the run-up in the small cap vs. large cap ratio.  Risk assets, represented by the Russell here, have surged to their highest ratio in terms of large caps in the last 12 months:

ms1 MORGAN STANLEY: PREPARE FOR A SELL OFF

Source: Morgan Stanley

xsngli

Bump

guyuxiao

the question should be WHEN

oldpigwang

Actually MS is not mkt driven party. In Mar 2009 rally, MS sent out several very bearish commentary like this to public, then got smashed by the bulls.
准备迎接大跌and pull back is complete different.

trueself

恩，小心驶得万年船