Chapter 1694 (1/2)
There are many people in this world, but there are only two kinds of people at the bottom of the knot, one is leading others to do, the other is following others to do.
That is to say, if you are not the protagonist, you are the Dragon suit.
”Bank of America no longer needs more federal funding, and expects to generate nearly $50 billion in pre tax profits and $100 billion in operating income in 2009.”
”This shows the turning point of the bull market. At least, we are in a bear market rally, which is bound to last for some time. So this is not a time to sell short. ”
”We can't still stand in the sad atmosphere. It's time to see something positive.”
。。。。。。
”There is no clear reason for the stock market to rebound. If the trading continues like this, it definitely indicates that the stock market will have another round of heavy losses.”
”The Federal Reserve, the Treasury and other central banks in other countries and regions have launched a major attack, but the impact is very small, people have gradually lost confidence, and the uncertainty has greatly increased.”......
On March 10, the day after the strong rebound of U.S. stocks, Andy watched the contents of major U.S. newspapers delivered in the morning, and couldn't help chuckling and shaking his head.
The big talk bulls and the bad talk bears began to quarrel as he imagined.
Especially when Andy saw an interview about the stock god Buffett once again sending out a bold statement to copy the bottom, supporting the U.S. rebound to the bottom, and the stock market ushered in a turning point, it was also quite unexpected.
”There may be a lot of opportunities for the United States in the future.” Although he has been severely hit by the current financial crisis, Buffett, the ”God of stocks”, still makes bold remarks, saying that it is time to copy the bottom of the United States.
At this time, Buffett came out and made a bold statement to copy the bottom, which is quite interesting. After all, Andy Smith, who has become a ”new hero”, yesterday was a rally horn, a support, or a follow-up?
As for how the outside world spits on Warren Buffett's idea, Andy is not interested, but is very happy to see it.
Yesterday's strong rebound really doesn't mean that today's strong rally will continue. Instead, today's rise and fall of U.S. stocks has become a key turning point.
There is no doubt that Warren Buffett's influence is undoubted. Although his reputation has been affected by the previous ”bottom copying” failure, the industry position and influence he has been touted for decades is really not something Andy can replace overnight.
Although there are few economic data and company news that can affect the market in the major media today, the global stock market is also surging under the stimulation of yesterday's surge in US stocks. Stock markets in Asia Pacific and Europe have also seen a rebound, and some have seen their biggest weekly increase since the end of November last year.
However, when the U.S. stock market opens at dawn, the trend of the U.S. stock market on the second day after the rebound is the focus of the world, and all investors are most concerned about whether the market can continue the rise of the previous trading day.
Has the U.S. economy really recovered?
Or is it just a bear market trap?
On March 10, the day received more attention than even yesterday's strong rebound. Andy also knows this. Only the continuous rise of US stocks can trigger herding. Investors all over the world like to chase up and kill down.