Wednesday, August 19, 2009

Smart Money Indeed

7 August, 2009:

The Fed is printing like crazy, so is the Chinese. All these can pop things up in the short run but is not going to be enough to reflate the bubbles. Therefore, I am going against the consensus here: S&P 500 will fall, so is China. Enough said.

The Yen and US Treasury will be the safety trades that I believe will be taken by the smart money.

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