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29-09-2015, 09:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Dow Jones so far drop 13%
Sti already in bear market, drop 21%
Well. If us market is going to down further. Think sti may hit at least 35% retracement from its peak.
How many of us can afford 35% paper losses stress??
Wunderful.
See, told you hike interest rate is good.
1st can show investors that economy is doing good.
2nd if economy is in recession in the coming days, can use always lowered down to boost economy.
Now...we just like waiting to die. If later economy sink further, others then QE 4. I think yellen can't do anything anymore.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217277-Dow-Jones-vs-sti&goto=newpost).
Dow Jones so far drop 13%
Sti already in bear market, drop 21%
Well. If us market is going to down further. Think sti may hit at least 35% retracement from its peak.
How many of us can afford 35% paper losses stress??
Wunderful.
See, told you hike interest rate is good.
1st can show investors that economy is doing good.
2nd if economy is in recession in the coming days, can use always lowered down to boost economy.
Now...we just like waiting to die. If later economy sink further, others then QE 4. I think yellen can't do anything anymore.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217277-Dow-Jones-vs-sti&goto=newpost).