according to this guy.
IMO stocks right now are more dangerous then years before.I'm just wondereing what we are gonna see in next days and weeks.If the € can't found a bottom the indexes could face hard times to hold support.It seems big banks and funds are only betting on trends .If supports break they bet on further downtrend etc..I heard an analist saying that holding stocks for the long times isn't quite a good idea anymore.The situation in the world has so much changed due to the heavy debt burden many countries are facing and the softy actions politicians are taking will result in more trouble coming.
I wrote once the indexes could behave like the japanse Nikkei which has it's top more tyhen 20 years ago and never made a higher one or even came close to.I'm afraid this will be the case right now too for most world indexes.
If markets can't hold current level it will put pressure on oil price .
My fear is as invested in CLL I hope we get an uptrend in short or otherwise despite start of steaming they could loose the battle again.JMHO
Any other thoughts on this artickle are welcome.
http://www.marketwatch.com/story/crash-is-dead-ahead-sell-get-liquid-now-2010-05-25?pagenumber=1