On 26 September 2014 23:56, Mervyn Lobo <[email protected]> wrote:
> Gabe, > Now that Russia and the West are at loggerheads, hell bent on destroying > each others economies with sanctions, there is a much better bet than the > US dollar. The bet is that all stock index's are high and that they are in > for a major correction. > > Personally, I am betting that correction will come in the next four weeks. > > Secondly, the US had a string of good economic news this week, which means > it is bad news for the stock market. The Fed now has the option of raising > interest rates earlier than scheduled. This could result in GIC refugees > selling their holdings in stocks and returning to the safety of bond/money > market instruments. As you are well aware, when this happens, one set of > prices will go up and the other down. > > Mervyn > COMMENT: The correction has already begun, markets are at 8 weeks lows...your assumption here, is that the markets will go lower; we shall see! -- DEV BOREM KORUM Gabe Menezes.
