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发表于 2010-8-19 03:51 PM
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1. Summer rally is over. Sep and Oct are historically bad months.
2. Earning season is over. No more catalyst for market rally.
Economic data will dominate market move. Since May most economic data are bad.
3. Too many uncertainties such as bush tax cut, mid-term election, possibility of a double dip recession
4. 10-years T-bill yield is so low. Historically bond investors are more right than equity investors on economy forecasting.
5. VIX Sep calls are so active
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