2010년 7월 5일 월요일

7/6

Today, KOSPI gains the momentum before finishing the market. It is surprising to me.
private investor and financial company is buying the stock and the government's pension fund supports the market.
It looks like creating new volatility and new sentiment to boost the bull market.
Tonight if the DOW is higher than expected, this week we will gain the more percentage towards the bull.
If not, we will collapse the day after tomorrow.
and some of fund manager was trying to maintain their portfolio to meet their profits.
and the government's agency found the illegal behavior for their management.
I think this is the last signal for the bull market.

The current position on S&P implies the bearish on the market. It shows the death cross.
Technically S&P will go down to the 900 rather than 1022.

Economic indicators means the double-dip sign in housing, manufacturing and consumer sentiment.

The truth is we are facing the more than 10% unemployment in the U.S.

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