Monday, May 24, 2010

US Market View

Good News:
Oil USD70/BBL, financial reform bill not as tough as exp., Goldman Sachs likely to have settlement with US regulators, Germany approved USD1tr PIGs bailout package

Bad News:
Roubini says that US can drop a further -20% or Dow at 8,000.

Thanks to Roubini, an economist. His point is right, Let's bring the DJIA drop, so those missed the bull on last wave, can buy at this time. Good JOB!


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