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Friday, 1 February 2008

OPEX and the Suprise interest rates



Are we still in a bear market?
Are Financials a buy?
What happened to our favorite words: Recession, Subprime, Capitulation?

Lets analyze a couple things.
Last summer, the market was going nuts over SUBPRIME, and then on OPEX day, SURPRISE interest rate cut, and the market is saved and rallies to new highs.

January, the market is going nuts over Recession, SUPRISE interest rate cut the day after OPEX, and the market is saved and rallies 1000pts in 2 weeks.

I notice that Mr. Stock Market and Bernanke conveniently have these SURPRISE interest rate cuts within a day of OPEX.

Is this a Coincidence or is there a reason to all this madness?

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