Monday, February 1, 2010

Bull and Bear Factor of the Week

Bull Factor:

  1. Hang Seng closed positive, sharp recovery from deep red in the early morning despite all the bad news running around
  2. Dow Futures stands at +42 now
  3. Greece potential bankruptcy has been addressed in a secret meeting over the weekend in Europe. It's good that everyone knows about it and is trying to fix it
  4. More good earnings from companies around the world
  5. No change in US Fed Chairmanship


Bear Factor:

  1. Greece potential bankruptcy may not be stopped
  2. China-US trade conflict
  3. Bearish online forumers, bloggers and newspaper articles
  4. George Soros is betting on double-dip 'W' recovery
  5. CNY is very near. It's too late for a rally to make money to spend before CNY
  6. Malaysia's car insurance rate is up
  7. Worldwide concerted effort to raise interest to combat "phantom" inflation
  8. Sharp rise of DXY could indicate fear
  9. US economy is NOT recovering fast enough



The word "phantom" is used to describe the current inflation as the inflation was due to falling USD and not demand.

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