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Thursday, January 27, 2011

Bernanke QE2 Stronger Stock Market

...Traders are buying the slightest dip... Mr. Bernanke recently said: "Policies have contributed to a stronger stock market just as they did in March 2009... article here

Comments : Refer to earlier post, stock market dips likely shallow provided no major uncertainty! Chart may show negative divergences in SSE but consolidation since November 2010! 3 to 4 months stock market consolidation will likely very bullish for next 2 to 3 months! STI will rally along (likely election 2nd Quarter or early 3rd Quarter) SSE. SPX stock market rally for the past 3 months, need a break!

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