Today, the market did not went as my plan which my a sharp bound in the early session but end with a small gain at the end of the market which is not impress with a "feel good " news..
I will carry all my short overnight and see what tomorrow will be ... (extended comment on stock after my commentary on treasury)
Talking about treasury... manage close my short on treasury @ good timing and made a made 3% gain I see the treasury is raising which is not a good sigh for stock tomorrow Wednesday so might see a short term pressure in the S&P the next few session .... hanging tight to the short for a while....
Today I got one news which really got my attention on the bloomberg .. which the Goldman senior chief economist said that the Fed might expand it balance sheet to 4 trillion . I try to find the news on the bloomberg but it got removed. and the project for governement deficit is 7-9 trillion (I believe the figure will go higher ) http://www.examiner.com/x-21433-Middlesex-County-Libertarian-Examiner~y2009m8d25-9-Trillion-deficit-No-7-Trillion--Bad-either-way .. it is time to short the Treasury ?? The Fed is planning to end bond buying at the end of october ..... will they extend?? First I think might I short focus on shorting treasury..... Waiting for clear signal... the time is soon...
Hanging tight ..... good profit is a round the coner ...
Good trade everyone
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Pstrusi,
ReplyDeleteUS is in Big structural problem ...... and I think inflation will be cause by the big structural problem in US ...
Inflation is coming problem for US in mid to long term ...
Too much money supply result:
1) in stock inflation (Like current we facing now)
2) Next will be commodities inflation
3) When the economy stabilized we will see Tax inflation... and more which I will try to cover later in my blog
The result of inflation is because structural problem which money supply could not channel in the real economy and will cause thing to go up ...I would like to go on but I am a bit out of time
I will try to summarize my idea... hopefully I will have time to cover all this during the weekend and update in my blog....it is very complex to analyst... should be interesting once it is complete
Cover all short @ 1025 and going long.. see a last minute rally...
ReplyDeleteShort treasury... QE will get out of hand soon...