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End Of Week
By Pehon | June 29, 2007
The US market is on the Rally today after the Feds announced an Inflation data that fell into their confort zone.
If you’re looking for a good time to invest (and investing is what i’m talking about, not trading), there is never a good time to invest, cause its now.
There can be volatile days where the market is nervous with the Feds impending rate hike, an impending war with Iran or an increase in taxes in China. However, the market will recover from it in the long run.
It is in my opinion that the bull is starting a new run (assuming the last volatile weeks were sort of not a bull). The market will eventually stabilize even after a rate hike. You’ll be missing an opportunity to buy stocks cheap if you choose to wait.
On another note, i’ll be on Holiday for the next few days (no i’m not using my stock returns. Its a budget holiday). Will be back on Wednesday. Mean while JL may post some Technical Analysis.
Topics: Indexes&Economy |