Saturday, September 17, 2011

US Market Medium Term Outlook : Bear Market

I would advise investor that S&P & NYSE are already in a full-fledged bear market.

For Medium Term, i see the S&P & NYSE continue its cyclical bear market that would see the US S&P 500 hitting 850 pts.

Strategy in next week:-
Short S&P 500 above 1,200 pts. Continue hold the short position till 1,050-1,000 pts.

1 comment:

  1. We have had a nice year end rally. I never have seen the stock market perform better considering all the problems going on in the world today.