After being bearish for so long, I am now bullish again.
Looking at the POLLS a few weeks ago,
And the current one,
It’s interesting how the bullish sentiments grew bigger after a pullback.
The market wants this pull back in a bid to push the markets to crazy new highs before year end.
Will we see 12000 before Christmas? Will this be Santa’s present? And what can help lift the DOW to 12000?
CAT - $90
BAC - $17
JPM - $48
CSCO - $22
and many stocks in the DOW that still has more than 10% upside.
MSFT to $28 too…
I am now part of the BULL camp. I think QE2 is going to work. Free money is going to boost investments in the US and we will see the job recovery happening next year. Jobless rate to drop to 7.5% by next year’s end. We will see 6% in 2012, in time for my graduation hopefully.
And if I work for an investment bank in 2012, then this blog will be passed on to the next NYU student… the next tradedragon.. since investment bankers cannot voice their opinions online. Once they have finished their terms as investment bankers, perhaps they can become the BIG MOUTHS of wall street… .who cant just keep quiet. Like JIM CRAMER… talking so much nonsense, or DOUG KASS .. some smartas, or MARC FABER… glooming everyday.
the small tradedragon’s voice cannot match up with any of those big mouths. Still this is a reminder that you have to do your own due diligence and not listen to anyone, including tradedragon! You should only read their opinions and then make your own decision.
4 comments:
Now tradedragon, tell your readers that tolits is a sucessful trader. Look IRE and SMT my risk and speculative stock play. Bank of Ireland is up by 22% and my SMART TECHNOLOGY is up @ 8.32. what do you think brother dragon. I recommend to everybody to buy at this level before you miss the opportunity.
Goodluck everybody.
BANK OF IRELAND AND ALLIED IRISH BANK IS LIKE CITIGROUP AND BANK OF AMERICA BEFORE(MARCH, 2009).
My recommendations:
BUY Ford (F)
SHORT General Motors(GM)
I'm done at Bank of Ireland 500 @ 2.75. They hit my target price for 60-day trade. Thank you so much. Watch my MOT and SMT. I don't know if I will add my position at AMD because analyst downgrade my stock.
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