Barton Biggs Market Sentiment!
Demand from Asia is spurring a bull market for computer and software makers, according to Barton Biggs, manager of the Traxis Partners LLC hedge fund... “There are all kinds of doomsayers wandering around mumbling about a bubble that’s going to burst,” he said. “China’s done a magnificent job of engineering a soft landing.” http://www.bloomberg.com/news/2010-12-06/biggs-says-technology-at-start-of-bullish-cycle-on-asian-demand-tom-keene.html
Credit Suisse : Kopsi - Overweight on Technology!
...Credit Suisse has an “overweight” recommendation on technology companies, saying the industry offers the best return potential should global growth prove to be more resilient than investors expect. It also favors financial shares because of their “decent” earning recovery outlook... http://www.bloomberg.com/news/2010-12-01/s-korea-s-kospi-may-rise-to-2-300-in-2011-credit-suisse-says.html
John Dorman Overweight on Auto Stocks
http://www.bloomberg.com/news/2010-12-06/auto-stocks-look-attractive-as-sales-rebound-commentary-by-john-dorfman.html
Comments : SPX Top 1300 (or higher) year end or early January 2011 very likely... SPX this week likely Fast consolidation and scale up! Watch SSE (likely end consolidation this week), both Koreas (peace!) and EU no further major events! Also watch Copper market trend (may Top near 450)
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