I'm a bit confuse, shouldn't the interest rate cut suppose to strengthen the
index? Or this fenomena will indicate that the effect of subprime is not over
yet? Hence it will also dragged the index globally down as well as IDX ?
Elaine <[EMAIL PROTECTED]> wrote: Dow plunges -120
point from its day high, oil jumps +$1 to 114, USDJPY falls to 103..after the
fed announced the cut. You should know by now why we don't like it. Obviously
the Wall Street also doesn't like it. That also makes the interest rate spread
with ID is a bit too wide. But I think this is only a temporary set back, so It
doesn't change my view, still with Buy on Weakness.
Elaine
2008/5/1 pemainedan <[EMAIL PROTECTED]>:
Bull warrior sejoli EL & Embah udah NYERUDUK
tuh. Mantap lg, bukan
rate aja yg di-cut, oil pun mluruk hingga 113. Moga2 125-nya gak jadi
deh.
Tp koq aneh ya, td Elaine predict/berharap FED tdk cut rate.
Seandainya saja tidak 'kan bakal bearish. Bukannya Elaine sudah ambil
BULL SIDE? Masih mau ADD small position?
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