Friday, April 15, 2011

BAC of America : Cut 1500 jobs

Comments :-
Now, i'm start looking for best entry point to BAC on second half 2011. Currently, my CFD position is ZERO on BAC. I predict next 6-9 months, the market is going to be very volatile with high oil price and commodities price. Consumer will try to reduce their spending in this senario.

As CFD investor, i would rather protect my capital and looking for best entry point. Try to avoid any short position in commodities/oil related stocks. It's very hard to predict the Hyperinflation trend at this moment.
Raise cash is the best option now if you have limited capital and plan for big HUNTING on second half with CFD.

"CFD - Long Term Investor"