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.

Comments:-
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!


THanks!

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