Monday, November 10, 2008

China Leading The Way

Futures are up as China joins the bailout frenzy. It's all the rage. More countries and continents to follow...developing.

Materials and commodities are on the move as a result. Deutsch Bank came out this morning with a $o target on GM and $CC is going bankrupt. Roubini on CNBC will probably try to steal the punch bowl. Won't last.

1 comments:

tigherific said...

You're meaning the China-inspired rally won't last?

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.