本帖最后由 小亥 于 2009-5-12 00:58 编辑
The critical point is whether the institutional investor (II) would like to put themselves in the same shoes as the US government. The IIＩmentioned here is investor with longer term horizon, like Buffet.
As a private investor, it's quite simple: buying low and selling high. Is the current price low enough to lure them pouring money in? I doubt. If they put money on the table, at least they would protect their money like Buffet, getting some nice term for their money. As an individual investor (long term), it's a suicide mission to buy and hold any stock right now. I believe that even Buffet won't put all his money in at this time.
Sure, O8's first strike is good. On the other hand, government intervention is always a sword with two blades. It scares the private investors away.
Right now, it's already priced in the best scenarios that the bank will successfully get all the money from the private investors. As long as they tap the FED money (debt to stock conversion), the stockmarket will crash again. BTW, II is not idiot. They will at least wait untilthe second strike to come out and get a better term for their money. If O8's first strike will solve the crisis forming by decades of debtproblem, then I have to say he's GOD. I know a lot of people have fullof hope to this new administration. However, they should realize it's aworld of compromises.
不过这里面有个悖论，如果OBAMA这一招偷天换日成功，银行顺利融资，那么等于说金融系统的大难题已经基本上解决了，这样股市还有大跌的必要吗？
为什么又说银行融资结束就是股市到顶的时候呢？ 
xiaobailong 发表于 2009-5-11 18:11  |
狗仔卡
发表于 2009-5-11 05:07 PM
