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Friday, January 29, 2010

Watch out below !!! S&P heading to 1000

Stock market up by more than 60% in a short amount of time. Investors are getting skittish about near-term. Corporate earnings have been so-so,  investors fear that China is going to slow down bank lending in order to cool off surging inflation and avoid a real estate bubble and U.S. President Barack Obama is poised to impose harsh regulations on US banks by limiting their size, profitability, and the sectors that they can conduct business in. These fears have already led to a limited short-term market drop. 

Breaking 1085.... my next target is 1000 !

 


 


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